Common use of Member Survived by Designated Beneficiary Clause in Contracts

Member Survived by Designated Beneficiary. If the Member dies before the date distributions begin and there is a designated Beneficiary, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Member=s death is the quotient obtained by dividing the Member=s Account balance by the remaining Life Expectancy of the Member=s designated Beneficiary, determined as provided in paragraph (D) (1).

Member Survived by Designated Beneficiary. If the Member dies before the date distributions begin and there is a designated Beneficiary, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Member=s ’s death is the quotient obtained by dividing the Member=s ’s Account balance by the remaining Life Expectancy of the Member=s ’s designated Beneficiary, determined as provided in paragraph (D) (1).