Common use of Amount of Required Minimum Distribution For Each Distribution Calendar Year Clause in Contracts

Amount of Required Minimum Distribution For Each Distribution Calendar Year. During the Participant’s lifetime, the minimum amount that will be distributed for each “distribution calendar year” is the lesser of: (a) the quotient obtained by dividing the “Participant’s account balance” by the distribution period in the Uniform Lifetime Table set forth in Section 1.401(a)(9)-9 of the Treasury regulations, using the Participant’s age as of the Participant’s birthday in the “distribution calendar year”; or (b) if the Participant’s sole “designated beneficiary” for the “distribution calendar year” is the Participant’s spouse, the quotient obtained by dividing the “Participant’s account balance” by the number in the Joint and Last Survivor Table set forth in Section 1.401(a)(9)-9 of the Treasury regulations, using the Participant’s and spouse’s attained ages as of the Participant’s and spouse’s birthdays in the “distribution calendar year”.

Amount of Required Minimum Distribution For Each Distribution Calendar Year. During the Participant’s 's lifetime, the minimum amount that will be distributed for each “distribution calendar year” year is the lesser of: (a) the quotient obtained by dividing the “Participant’s 's account balance” balance by the distribution period in the Uniform Lifetime Table set forth in Section 1.401(a)(9)-9 of the Treasury regulationsRegulations, using the Participant’s 's age as of the Participant’s 's birthday in the “distribution calendar year”; or (b) if the Participant’s 's sole “designated beneficiary” Designated Beneficiary for the “distribution calendar year” year is the Participant’s 's spouse, the quotient obtained by dividing the “Participant’s 's account balance” balance by the number in the Joint and Last Survivor Table set forth in Section 1.401(a)(9)-9 of the Treasury regulationsRegulations, using the Participant’s 's and spouse’s 's attained ages as of the Participant’s 's and spouse’s 's birthdays in the “distribution calendar year”.