Qualified Distributions. A qualified distribution is a distribution which is made after the expiration of the five-year holding period and as the result of certain events. The events, which will create a qualified distribution after the expiration of the five-year holding period are as follows: a. Distributions made on or after the date on which you attain age 59 1/2; b. Distributions made to your beneficiary after your death; c. Distributions attributable to you being disabled; and d. Qualified first-time homebuyer distributions.
Appears in 4 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement
Qualified Distributions. A qualified distribution is a distribution which is made after the expiration of the five-year holding period and as the result of certain events. The events, events which will create a qualified distribution after the expiration of the five-year holding period are as follows:
a. Distributions made on or after the date on which you attain age 59 1/2;
b. Distributions made to your beneficiary after your death;
c. Distributions attributable to you being disabled; and
d. Qualified first-time homebuyer distributions.
Appears in 2 contracts
Samples: Customer Agreement, Customer Agreement
