REQUIRED DISTRIBUTION DATE Sample Clauses
REQUIRED DISTRIBUTION DATE. Distributions are required to commence to the Participant as of his Required Distribution Date. A Participant's Required Distribution Date is the April 1 of the calendar following the one in which the Participant attains age 70 1/2.
REQUIRED DISTRIBUTION DATE. Distributions are required to commence to the Participant as of his Required Distribution Date. A Participant's Distribution Date is defined below:
(a) with respect to the portion of a Participant's Account under the contract consisting of (i) contributions made by or on behalf of such Participant on or before December 31, 1986 and (ii) income credited to such contributions as of December 31, 1986, a Participant's Required Distribution Date is the last day of the year in which the Participant attains age 75, regardless of whether or not such Participant has terminated his employment with the employer sponsoring the Plan or Salary-Annuity Agreement arrangement under the contract GVA-120-87 (10/11) (as modified by Group Annuity Amendment Form GPA-7764) Serial 400 4.1-4.2
(b) with respect to the remaining portion of a Participant's Account under the contract, a Participant's Required Distribution Date is:
(i) with respect to any Participant who attained age 70 1/2 before January 1, 1988, the April 1 of the calendar year following the one in which the later of (A) the Participant's termination of employment with the employer sponsoring the Plan or Salary-Annuity Agreement arrangement under the contract or (B) the Participant's attainment of age 70 1/2 occurs;
(ii) with respect to any Participant who attained age 70 1/2 during 1988 and who had not terminated employment with the employer sponsoring the Plan or Salary-Annuity Agreement arrangement under the contract as of January 1, 1989, April 1, 1990: and
(iii) with respect to all other Participants, the April 1 of the calendar year following the one in which the Participant attains age 70 1/2 regardless of whether or not such Participant has terminated his employment with the employer sponsoring the Plan or Salary-Annuity Agreement arrangement under the contract. If the plan funded under the contract is a church or governmental plan, as defined in the Code, the Required Distribution Date for a Participant covered under such plan with respect to the portion of his Account defined in paragraph (b) above is the Required Distribution Date set forth in subparagraph (b)(i) above. If the Participant's Account includes a transfer contribution made pursuant to paragraph (b) of section 1.1, the Required Distribution Date applicable to such transfer contribution will be determined in accordance with paragraph (b) above, except as provided in the following paragraph. If any portion of the Participant's transfer contributi...
REQUIRED DISTRIBUTION DATE. Distribution to any Participant (whether employed by an Employer, retired or otherwise terminated) must be made no later than April 1 following the calendar year in which he reaches age 70-1/2 in accordance with the minimum distribution rules of Section 401(a)(9) of the Code and the regulations promulgated thereunder; provided, however, that in the case of a Participant who attained age 70-1/2 prior to January 1, 1988, distribution may be delayed until April 1 following the calendar year in which he retires if such Participant is not a 5% owner.
REQUIRED DISTRIBUTION DATE. The Participant's entire interest in the Plan will be distributed, or begin to be distributed, to the Participant no later than the Participant's Required Distribution Date.
REQUIRED DISTRIBUTION DATE. Generally, the first day of April of the calendar year after you reach age 70 1/2, or retire, whichever is later. However, for Contract Value as of December 31, 1986, the Required Distribution Date is the last day of the calendar year in which you attain age 75 or retire, whichever is later.
REQUIRED DISTRIBUTION DATE. April 1 of the calendar year next following the calendar year in which the Owner attains age 70 1/2. The prior sentence is intended only to comply with certain distribution requirements imposed by the Code and Internal Revenue Service regulations and if those requirements are amended or repealed, this Contract shall be deemed amended consistent with such amendment or repeal, and shall be administered in accordance with such amended or repealed Code and Internal Revenue Service regulation requirements without the need to issue an amendment to this Contract. A simplified employee pension arrangement described in Section 408(k) of the Code.
REQUIRED DISTRIBUTION DATE. April 1 of the calendar year next following the calendar year in which the Owner attains age 70 1/2. The prior sentence is intended only to comply with certain distribution requirements imposed by the Code and Internal Revenue Service regulations and if those requirements are amended or repealed, this Contract shall be deemed amended consistent with such amendment or repeal, and shall be administered in accordance with such amended or repealed Code and Internal Revenue Service regulation requirements without the need to issue an amendment to this Contract. A separate account of the Company established and maintained under the laws of the State of New York, to which a portion of the Company’s assets in connection with this Contract and certain other contracts may be allocated. A savings incentive match plan for employees arrangement described in Section 408(p) of the Code. The legal spouse of the Owner at the time of the Owner’s death. A management investment company registered under the Investment Company Act of 1940 that has at least one fund or portfolio in which the Separate Account invests. A bank or trust company that:
