Participant's Benefit. (A) The account balance as of the last valuation date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date. (B) Exception for second distribution calendar year. For purposes of paragraph (A) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 10 contracts
Samples: Adoption Agreement (Dreyfus Lifetime Portfolios Inc), Adoption Agreement (Dreyfus Growth & Income Fund Inc /New/), Adoption Agreement (Dreyfus Growth Opportunity Fund Inc)
Participant's Benefit. (A) a. The account balance as of the last valuation date in the valuation calendar year (the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions Contributions or forfeitures Forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(B) b. Exception for second distribution calendar year. For purposes of paragraph (Aa) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 10 contracts
Samples: Tax Sheltered Custodial Account Agreement (New England Funds Trust I), Qualified Retirement Plan (Teardrop Golf Co), Defined Contribution Plan Document (Janus Investment Fund)
Participant's Benefit. (A) The account balance as of the last valuation date Valuation Date in the calendar year immediately preceding the distribution calendar year Distribution Calendar Year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of the dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(B) Exception Valuation Date. A special exception exists for the second distribution calendar yearCalendar Year. For purposes of paragraph (A) abovethis paragraph, if any portion of the minimum distribution for the first distribution calendar year First Distribution Calendar Year is made in the second distribution calendar year Distribution Calendar Year on or before the Required Beginning Date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar yearDistribution Calendar Year.
Appears in 4 contracts
Samples: Defined Contribution Plan and Trust (First Keystone Corp), Cash or Deferred Profit Sharing Plan (Port Financial Corp), Profit Sharing Plan (First Keystone Corp)
Participant's Benefit. (A) The account balance as of the last valuation date Valuation Date in the calendar year immediately preceding the distribution calendar year Distribution Calendar Year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of the dates in the valuation calendar year after the valuation date Valuation Date and decreased by distributions made in the valuation calendar year after the valuation date.
(B) Exception Valuation Date. A special exception exists for the second distribution calendar yearCalendar Year. For purposes of paragraph (A) abovethis paragraph, if any portion of the minimum distribution for the first distribution calendar year First Distribution Calendar Year is made in the second distribution calendar year Distribution Calendar Year on or before the Required Beginning Date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar yearDistribution Calendar Year.
Appears in 4 contracts
Samples: 401(k) Plan Document (Inventa Technologies Inc), Adoption Agreement (Professionals Insurance Co Management Group), Adoption Agreement (Shared Technologies Cellular Inc)
Participant's Benefit. (Aa) The account balance as of the last valuation date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(Bb) Exception for second distribution calendar year. For purposes of paragraph (Aa) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 4 contracts
Samples: Adoption Agreement (Abbott Laboratories), Regional Prototype Profit Sharing Plan and Trust/Custodial Account Nonstandard Plan Adoption Agreement (Greater Bay Bancorp), Tax Sheltered Custodial Account Agreement (New England Funds Trust I)
Participant's Benefit. (A) a. The account balance as of the last valuation date in the valuation calendar year (the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions Contributions or forfeitures Forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(B) b. Exception for second distribution calendar year. For purposes of paragraph (Aa) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had bad been made in the immediately preceding distribution calendar year.
Appears in 2 contracts
Samples: Basic Plan Document (Nabi /De/), Basic Plan Document (Nabi /De/)
Participant's Benefit. (Ai) The account balance as of the last valuation date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(Bii) Exception for second distribution calendar year. For purposes of paragraph (Ai) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 2 contracts
Samples: Defined Contribution Plan and Trust (Capstone Pharmacy Services Inc), Adoption Agreement (Jones Medical Industries Inc /De/)
Participant's Benefit. (A) The account balance as of the last valuation date Valuation Date in the calendar year immediately preceding the distribution calendar year Distribution Calendar Year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of the dates in the valuation calendar year after the valuation date Valuation Date and decreased by distributions made in the valuation calendar year after the valuation date.
(B) Exception Valuation Date. A special exception exists for the second distribution calendar yearCalendar Year. For purposes of paragraph (A) abovethis paragraph, if any portion of the minimum distribution for the first distribution calendar year First Distribution Calendar Year is made in the second distribution calendar year Distribution Calendar Year on or before the Required Beginning Begining Date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar yearDistribution Calendar Year.
Appears in 1 contract
Participant's Benefit. (A) a. The account balance as of the last valuation date in the valuation calendar year (the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions Contributions or forfeitures Forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(B) b. Exception for second distribution calendar year. For purposes of paragraph (Aa) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.. 70 32
Appears in 1 contract
Samples: Qualified Retirement Plan and Trust (Bradford Funds Inc)
Participant's Benefit. (A) a. The account balance as of the last valuation date in the valuation calendar year (the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions Contributions or forfeitures Forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.. 28 ================================================================================ 24
(B) b. Exception for second distribution calendar year. For purposes of paragraph (Aa) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 1 contract
Samples: Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/)
Participant's Benefit. (A) The account Account balance as of the last valuation date Valuation Date in the calendar year immediately preceding the distribution calendar year Distribution Calendar Year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account Account balance as of dates in the valuation calendar year after the valuation date Valuation Date and decreased by distributions made in the valuation calendar year after the valuation dateValuation Date.
(B) Exception for second distribution calendar year. For purposes of paragraph subparagraph (A) above, if any portion of the minimum distribution for the first distribution calendar year Distribution Calendar Year is made in the second distribution calendar year Distribution Calendar Year on or before the Required Beginning Date, the amount of the minimum distribution made in the second distribution calendar year Distribution Calendar Year shall be treated as if it had been made in the immediately preceding distribution calendar yearDistribution Calendar Year.
Appears in 1 contract
Participant's Benefit. (A) a. The account Participant’s Account balance as of the last Valuation Date in the valuation date in calendar year (the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account Account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(B) b. Exception for second distribution calendar year. For purposes of paragraph (Aa) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 1 contract
Samples: 457(b) Plan Document
Participant's Benefit. (A) a. The account balance as of the last valuation date in the valuation calendar year (the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions Contributions or forfeitures Forfeitures allocated to the account balance as of dates in ill the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(B) b. Exception for second distribution calendar year. For purposes of paragraph (Aa) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 1 contract
Samples: Prototype Defined Contribution Plan and Trust/Custodial Account (Connecticut Water Service Inc / Ct)
Participant's Benefit. (Ai) The account balance as of the last valuation date Valuation Date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.Valuation Date. 54
(Bii) Exception for second distribution calendar year. For purposes of paragraph (Ai) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 1 contract
Samples: Defined Contribution Plan and Trust (Trimedyne Inc)
Participant's Benefit. (A) The account balance as of the last valuation date in the calendar year immediately preceding the distribution calendar year Distribution Calendar Year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(B) Exception for second distribution calendar year. For purposes of paragraph (A) above, if any portion of the minimum distribution for the first distribution calendar year Distribution Calendar Year is made in the second distribution calendar year Distribution Calendar Year on or before the Required Beginning Date, the amount of the minimum distribution made in the second distribution calendar year Distribution Calendar Year shall be treated as if it had been made in the immediately preceding distribution calendar yearDistribution Calendar Year.
Appears in 1 contract
Participant's Benefit. (A1) The account balance as of the last valuation date Valuation Date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date Valuation Date and decreased by distributions made in the valuation calendar year after the valuation dateValuation Date.
(B2) Exception for second distribution calendar year. For purposes of paragraph (A1) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had has been made in the immediately preceding distribution calendar year.
Appears in 1 contract
Samples: 401(k) Retirement Plan Adoption Agreement (WHX Corp)
Participant's Benefit. (Ai) The account balance as of the last valuation date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
(Bii) Exception for second distribution calendar year. For purposes of paragraph (Aa) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 1 contract
Samples: Individual Retirement Account Custodial Agreement (Rushmore Fund Inc)
Participant's Benefit. (A) a. The account balance as balances of the last valuation date in the valuation calendar year (the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions Contributions or forfeitures Forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.. 58 24
(B) b. Exception for second distribution calendar year. For purposes of paragraph (Aa) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Daterequired beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 1 contract
Participant's Benefit. (A) The account Account balance as of the last valuation date Valuation Date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account Account balance as of dates in the valuation calendar year after the valuation date Valuation Date and decreased by distributions made in the valuation calendar year after the valuation dateValuation Date.
(B) Exception for second distribution calendar year. For purposes of paragraph Subparagraph (A) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the Required Beginning Date, required beginning date/ the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year.
Appears in 1 contract
