Tax-free Earnings. The earnings, including gains and losses, on Your spouse beneficiary can take a distribution of part or all of your Xxxx XXX contributions accumulate tax-deferred. At the time of his/her share of your Xxxx XXX and roll it over to a Xxxx XXX of your distribution, the earnings will be free from federal income tax if his/her own, less any RMD. your distribution is a qualified distribution.
Appears in 9 contracts
Samples: Individual Retirement Custodial Account Adoption Agreement, Individual Retirement Custodial Account Adoption Agreement, Individual Retirement Custodial Account Adoption Agreement