Common use of Year Rule Clause in Contracts

Year Rule. The 10-Year Rule requires depletion of the inherited funds by the end of the tenth calendar year following your death. If your spouse beneficiary elects to take distributions from the Inherited IRA in accordance with the 10-Year Rule, because your death is before your required beginning date, they are not subject to a distribution requirement each year. Life

Appears in 4 contracts

Samples: oberweisfunds.com, peartreefunds.com, peartreefunds.com

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Year Rule. The 10-Year Rule requires depletion of the inherited funds by the end of the tenth calendar year following your death. If your spouse an eligible designated beneficiary elects to take distributions from the Inherited IRA in accordance with the 10-Year Rule, because your death is before your required beginning date, they are not subject to a distribution requirement each year. Life.

Appears in 4 contracts

Samples: oberweisfunds.com, peartreefunds.com, peartreefunds.com

Year Rule. The 10-Year 10‐Year Rule requires depletion of the inherited funds by the end of the tenth calendar year following your death. If your spouse beneficiary elects to take distributions from the Inherited IRA in accordance with the 10-Year 10‐Year Rule, because your death is before your required beginning date, they are not subject to a distribution requirement each year. Life

Appears in 1 contract

Samples: www.payden.com

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Year Rule. The 10-Year 10‐Year Rule requires depletion of the inherited funds by the end of the tenth calendar year following your death. If your spouse an eligible designated beneficiary elects to take distributions from the Inherited IRA in accordance with the 10-Year 10‐Year Rule, because your death is before your required beginning date, they are not subject to a distribution requirement each year. Life.

Appears in 1 contract

Samples: www.payden.com

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