No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 11 contracts
Samples: Defined Contribution Plan, Defined Contribution Plan, Defined Contribution Plan (1st Constitution Bancorp)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 10 contracts
Samples: 401(k) Retirement Savings Plan (Lsi Industries Inc), Retirement Plan (Lsi Industries Inc), Retirement Plan (Lsi Industries Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 9 contracts
Samples: Investment, Savings and Employee Stock Ownership Plan (Toro Co), 401(k) Defined Contribution Plan (Measurement Specialties Inc), Defined Contribution Plan (Chicopee Bancorp, Inc.)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s 's account balance by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 7 contracts
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Retirement Plan Adoption Agreement (Hudson City Bancorp Inc), Defined Contribution Plan (Spheris Leasing LLC)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 6 contracts
Samples: Employee Stock Ownership Plan and Trust Agreement (Bancfirst Corp /Ok/), Retirement Plan Agreement, Retirement Savings Plan (PNC Financial Services Group Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s 's account balance by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 4 contracts
Samples: 401(k) Plan Adoption Agreement (Allegiant Travel CO), Non Standardized 401(k) Profit Sharing Plan (Aceto Corp), Plan Document and Trust Agreement (Stonepath Group Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 4 contracts
Samples: Custodial Account Agreement, Custodial Account Agreement, 403(b)(7) and Roth 403(b)(7) Custodial Account Agreement
No Designated Beneficiary. If the Participant participant dies on or after the date required distributions begin and there is no Designated Beneficiary designated beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participantparticipant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participantparticipant’s death is the quotient obtained by dividing the Participantparticipant’s account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: Individual 401(k) Plan Purchase Agreement, Employer Sponsored Plan Account Agreement, Employer Sponsored Plan Account Agreement
No Designated Beneficiary. If the Participant Member dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the ParticipantMember’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the ParticipantMember’s death is the quotient obtained by dividing the ParticipantMember’s account balance by the ParticipantMember’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant Member in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: Adoption Agreement (Sugar Creek Financial Corp), Adoption Agreement (Northeast Community Bancorp Inc), Adoption Agreement (Ottawa Savings Bancorp, Inc.)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: 401(k) Plan and Trust Agreement (Leggett & Platt Inc), 457 Governmental Deferred Compensation Plan and Trust, 401(k) Plan (ING U.S., Inc.)
No Designated Beneficiary. If the Participant Member dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the ParticipantMember’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the ParticipantMember’s death is the quotient obtained by dividing the ParticipantMember’s account balance Account Balance by the ParticipantMember’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant Member in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: Trust Agreement (Royal Dutch Shell PLC), Trust Agreement (Royal Dutch Shell PLC), Trust Agreement (Royal Dutch Shell PLC)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s 's account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: 403(b) Plan Account Application, 403(b) Plan Account Establishment, 403(b)(7) Custodial Account Agreement
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: Defined Contribution Plan and Trust (Comstock Resources Inc), 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc), Defined Contribution Plan and Trust (Triad Guaranty Inc)
No Designated Beneficiary. If the Participant participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s date of death who remains a Designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy calculated under the Single Life Table, Table calculated using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: Governmental Nonstandardized Defined Contribution Plan, Governmental 457(b) Plan Basic Plan Document
No Designated Beneficiary. If the Participant participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participantparticipant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participantparticipant’s death is the quotient obtained by dividing the Participantparticipant’s account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: Employee Stock Ownership Plan With 401(k) Provisions (Guaranty Bancshares Inc /Tx/), 401(k) Profit Sharing Plan Adoption Agreement (First Financial Northwest, Inc.)
No Designated Beneficiary. If the Participant participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s participant's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s participant's death is the quotient obtained by dividing the Participant’s participant's account balance by the Participant’s participant's remaining life expectancy calculated under the Single Life Table, using the age of the Participant participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: 401(k) Profit Sharing Plan (Community Bancorp), Trust Agreement (Southwest Community Bancorp)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, then the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De), 401(k) Non Standardized Prototype Adoption Agreement (Michaels Stores Inc)
No Designated Beneficiary. If the Participant Member dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s Member=s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s Member=s death is the quotient obtained by dividing the Participant’s account Member=s Account balance by the Participant’s Member=s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant Member in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: Adoption Agreement (Sugar Creek Financial Corp./Md/), Adoption Agreement (Cape Bancorp, Inc.)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the calendar year after the calendar year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the calendar year of the Participant’s 's death is the quotient obtained by dividing the Participant’s 's account balance by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the attained age of the Participant as of the Participant's birthday in the calendar year of death, reduced by one (1) for each subsequent calendar year.
Appears in 2 contracts
Samples: Adoption Agreement for Eligible Governmental 457 Plan, Adoption Agreement for Eligible Governmental 457 Plan
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.by
Appears in 2 contracts
Samples: Custodial Account Agreement, Custodial Account Agreement
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account 's Account balance by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: Employee Stock Ownership Plan and Trust (Southwest Georgia Financial Corp), Employee Stock Ownership Plan and Trust (Southwest Georgia Financial Corp)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the calendar year after the calendar year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the calendar year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the attained age of the Participant as of the Participant’s birthday in the calendar year of death, reduced by one (1) for each subsequent calendar year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Profit Sharing Plan Adoption Agreement (Southern National Bancorp of Virginia Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account 's Company Contributions Account balance by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Employee Stock Ownership Plan and Trust Agreement (Third Century Bancorp)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s 's account balance by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: 401(k) and Profit Sharing Retirement Plan (Vulcan Materials Co)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, then the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account balance 's Account Balance by the Participant’s 's remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Employee Stock Ownership Plan Amendment (Scotts Liquid Gold Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account balance 's Accrued Benefit by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent calendar year.
Appears in 1 contract
Samples: Trust Agreement
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, . reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Adoption Agreement (Talbots Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s deathDeath, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Vested Account by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of deathDeath, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Employee Stock Ownership Plan and Trust Agreement (Scotts Liquid Gold Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will shall be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Retirement Plan and Trust Agreement
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy Life 90 Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Retirement Plan (Ametek Inc/)
No Designated Beneficiary. If the Participant Member dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s Member's death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s Member's death is the quotient obtained by dividing the Participant’s account balance 's Account Balance by the Participant’s Member's remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant Member in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: First Amendment to Eog Resources, Inc. Savings Plan (Eog Resources Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Company Contributions Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp)
No Designated Beneficiary. If the Participant Member dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the ParticipantMember’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the ParticipantMember’s death is the quotient obtained by dividing the ParticipantMember’s account Account balance by the ParticipantMember’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant Member in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Adoption Agreement (First Savings Financial Group Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary "designated Beneficiary" as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year "distribution calendar year" after the year of the Participant’s 's death is the quotient obtained by dividing the "Participant’s 's account balance balance" by the Participant’s 's remaining "life expectancy expectancy" calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account balance 's Valuation Account Balance by the Participant’s 's remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of the Participant’s death, reduced by one (1) year for each subsequent later year.
Appears in 1 contract
Samples: 401(k) Plan
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will shall be distributed for each Distribution Calendar Year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account balance 's Account Balance by the Participant’s 's remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Fund Office Retirement Profit Sharing Plan and Trust (Chestnut Street Exchange Fund)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account 's Account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: 403(b)(7) Retirement Plan Custodial Account Agreement
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s participant's account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance benefit by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
