Common use of Spouse Beneficiary Clause in Contracts

Spouse Beneficiary. As a spouse beneficiary you may have the option of distributing the IRA assets over a single life expectancy period or within ten years (the ten-year rule). You may alternatively choose to treat the entire interest (all of the account) of the IRA as your own IRA.

Appears in 2 contracts

Samples: Traditional Beneficiary Ira Amendment, Traditional Beneficiary Ira Amendment

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Spouse Beneficiary. As a Your spouse beneficiary you may have the option of distributing the IRA assets over a single life expectancy period or within ten years (the ten-year rule). You Your spouse may alternatively choose to treat the entire interest (all of the account) of the IRA as your his/her own IRA.

Appears in 2 contracts

Samples: Customer Agreement, Traditional Individual Retirement Custodial Account

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Spouse Beneficiary. As a Your spouse beneficiary you may have the option of distributing the SIMPLE IRA assets over a single life expectancy period or within ten years (the ten-year rule). You may alternatively choose The option to treat elect the entire interest (all of the account) of the IRA as ten-year rule is only available to your own IRA.spouse if your death occurs before your RBD. Your spouse may

Appears in 1 contract

Samples: Simple Ira Custodial Account Adoption Agreement

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