Common use of Required Minimum Distributions Clause in Contracts

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX during your lifetime (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 31 contracts

Samples: Individual Retirement Trust Account Agreement, Ira Plan Agreement, Individual Retirement Trust Account Agreement

AutoNDA by SimpleDocs

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX during your lifetime at age 70½ (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 28 contracts

Samples: Ach Agreement, Ach Agreement, Ach Agreement

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX during your lifetime at age 701⁄2 (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 3 contracts

Samples: Account Agreement, 4kmc.com, 4kmc.com

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX during your lifetime at age 70½ (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries beneficia- xxxx generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 3 contracts

Samples: www.stifel.com, Stifel Account, Stifel Account

AutoNDA by SimpleDocs

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX during your lifetime (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Beneficia- ry Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 2 contracts

Samples: Stifel Account, Stifel Account

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX during your lifetime at age 70½ (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required beneficiaries'required minimum distributions.

Appears in 1 contract

Samples: Client Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.