Common use of XXXXXX OF 2009 RMD Clause in Contracts

XXXXXX OF 2009 RMD. If you are a Traditional IRA owner age 70½ or older, you are not required to remove an RMD for calendar year 2009. In addition, no beneficiary life expectancy payments are required for calendar year 2009. If the five year rule applies to a Traditional IRA with respect to any decedent, the five year period is determined without regard to calendar year 2009. For example, if a Traditional IRA owner died in 2007, the beneficiary’s five year period ends in 2013 instead of 2012.

XXXXXX OF 2009 RMD. If you are a Traditional IRA owner SIMPLE XXX xxxxxx age 70½ or older, you are not required to remove an RMD for calendar year 2009. In addition, no beneficiary life expectancy payments are required for calendar year 2009. If the five year rule applies to a Traditional SIMPLE IRA with respect to any decedent, the five year period is determined without regard to calendar year 2009. For example, if a Traditional SIMPLE IRA owner died in 2007, the beneficiary’s five year period ends in 2013 instead of 2012.

XXXXXX OF 2009 RMD. If you are a Traditional IRA owner an XXX xxxxxx age 70½ or older, you are not required to remove an RMD for calendar year 2009. In addition, no beneficiary life expectancy payments are required for calendar year 2009. If the five year rule applies to a Traditional an IRA with respect to any decedent, the five year period is determined without regard to calendar year 2009. For example, if a Traditional an IRA owner died in 2007, the beneficiary’s five year period ends in 2013 instead of 2012.