Types of Beneficiaries. The different types of beneficiaries are If such a beneficiary chooses the single life expectancy option designated beneficiaries, eligible designated beneficiaries and those to calculate his/her RMD, the life expectancy divisor used may that are not designated beneficiaries. Different types of beneficiaries depend on whether your death occurs before or on or after your will have different rulesfand in some cases options or electionsf RBD. If your death occurred before your RBD, the beneficiary and distribution periods available. uses his/her age at the end of the year following the year of death to determine the initial single life expectancy divisor and reduces Federal Income Tax Status of Distributions.
Appears in 4 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement
