Common use of Required Minimum Distributions Clause in Contracts

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ (as required for Traditional and SIMPLE IRAs). However, your beneficiary(ies) is generally required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this Disclosure Statement regarding beneficiary’s(ies’) required minimum distributions.

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ 701⁄2 (as required for Traditional and SIMPLE IRAs). However, your beneficiary(ies) is generally required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this Disclosure Statement regarding beneficiary’s(ies’) required minimum distributions.

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ 701/2 (as required for Traditional and SIMPLE IRAs). However, your beneficiary(ies) is generally required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this Disclosure Statement regarding beneficiary’s(ies’) required minimum distributions.

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ (as required for Traditional and SIMPLE IRAs). However, your beneficiary(iesbeneficiary (ies) is generally required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this Disclosure Statement regarding beneficiary’s(iesbeneficiary’s (ies’) required minimum distributions.

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ 72 (age 70 1⁄2, if you would have reached age 70 ½ before 2020), as required for Traditional and SIMPLE IRAs). However, your beneficiary(ies) beneficiary is generally required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this Disclosure Statement regarding beneficiary’s(ies’) beneficiary’s required minimum distributions.

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ 72 (as required for Traditional and SIMPLE savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiary(ies) is beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this Disclosure Statement disclosure statement regarding beneficiary’s(ies’) beneficiaries’ required minimum distributions.

Required Minimum Distributions. You are not required to take distributions from your a Xxxx XXX at age 70½ (as required for Traditional and SIMPLE IRAs). However, your beneficiary(ies) is generally required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this Disclosure Statement regarding beneficiary’s(ies’) required minimum distributions.