Common use of Post-Retirement Death Benefits Clause in Contracts

Post-Retirement Death Benefits. (a) If a Participant dies after he or she has begun receiving benefits from the Plan, the Participant’s Account shall be paid to the Participant’s Beneficiary (check one): X In accordance with the minimum required distribution rules under Code section 401(a)(9). □ In a single lump sum as soon as administratively practicable.

Appears in 6 contracts

Samples: Prudential Retirement, Prudential Retirement, Adoption Agreement

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