Common use of Required Minimum Distributions Clause in Contracts

Required Minimum Distributions. You are required to take minimum distributions from your inherited Xxxx XXX. The options available to you as a beneficiary of a deceased plan participant or deceased Xxxx XXX owner are determined according to the type of plan you have inherited and are described below. Any payment elections you either made or defaulted to under the plan you inherited generally carry over to the inherited Xxxx XXX.

Appears in 6 contracts

Samples: Ira Adoption Agreement, Ira Adoption Agreement, Stifel Account

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Required Minimum Distributions. You are required to take minimum distributions from your inherited Xxxx XXX. The options available to you as a beneficiary of a deceased plan participant or deceased Xxxx XXX owner are determined according to the type of plan you have inherited and are described belowinherited. Any payment elections you either made or defaulted to under the plan you inherited generally carry over to the inherited Xxxx XXX.

Appears in 6 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

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