Agmt04 Separation incentive SIP - Laserfiche WebLink

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Beneficiary's birthday in the calendar year immediately following the calendar year of the Member's death; or (ii) if the annuity starting date is before the first Distribution Calendar Year, the life expectancy of the Designated Beneficiary determined using the Beneficiary's age as of the Beneficiary's birthday in the calendar year that contains the annuity starting date. (b) No Designated Beneficiary. If the Member dies before the date distributions begin and there is no Designated Beneficiary as of September 30 of the year following the year of the Member's death, distribution of the Member's entire interest will be completed by December 31 of the calendar year containing the fifth anniversary of the Member's death. (c) Death of Surviving Spouse Before Distributions to Surviving Spouse Begin. If the Member dies before the date distribution of his or her interest begins, the Member's surviving spouse is the Member's sole Designated Beneficiary, and the surviving spouse dies before distributions to the surviving spouse begin, this Section C.5 will apply as if the surviving spouse were the Member, except that the time by which distributions must begin will be determined without regard to Section C.2(b )(i). c.6. Definitions. (a) Designated Beneficiary. The individual who is designated as the Beneficiary consistent with the terms of the Plan and is the Designated Beneficiary under Section 401 (a)(9) of the Code and Section 1.40l(a)(9)-4, Q&A-4, of the Treasury Regulations. (b) Distribution Calendar Year. A calendar year for which a minimum distribution is required. For distributions beginning before the Member's death, the first Distribution Calendar Year is the calendar year immediately preceding the calendar year which contains the Member's Required Beginning Date. For distributions beginning after the Member's death, the first C-7 NB 1:508358,9 , ~" ,-,... ,_..