How do the RMD Rules Impact my Designated Beneficiary or Beneficiaries Sample Clauses

How do the RMD Rules Impact my Designated Beneficiary or Beneficiaries. The RMD rules provide for the determination of your designated beneficiary or beneficiaries as of September 30 of the year following your death. Consequently, any beneficiary may be eliminated for purposes of calculating the RMD by the distribution of that beneficiary’s benefit, through a valid disclaimer between your death and the end of September following the year of your death, or by dividing your IRA account into separate accounts for each of several designated beneficiaries you may have designated.
Sample 1Sample 2Sample 3See All (241)

Related to How do the RMD Rules Impact my Designated Beneficiary or Beneficiaries

  • Intended Beneficiaries Nothing in this Agreement shall be construed to give any person or entity other than the parties hereto any legal or equitable claim, right or remedy. Rather, this Agreement is intended to be for the sole and exclusive benefit of the parties hereto.