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: i) the quotient obtained by dividing the Participant’s Account Balance by the distribution period in the Uniform Lifetime Table set forth in Q&A-2 in section 1.401(a)(9)-9 of the regulations, using the Participant’s age as of the Participant’s birthday in the Distribution Calendar Year; or ii) 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 Q&A-3 in section 1.401(a)(9)-9 of the regulations, using the Participant’s and spouse’s attained ages as of the Participant’s and spouse’s birthdays in the Distribution Calendar Year.
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Amount of Required Minimum. Distribution For for Each Distribution Calendar Year. During the Participant’s lifetime, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year is the lesser of: :
(i) the quotient obtained by dividing the Participant’s Account Balance balance by the distribution period in the Uniform Lifetime Table set forth in section 1.401(a)(9)-9, Q&A-2 in section 1.401(a)(9)-9 of the regulationsTreasury Regulations, using the Participant’s age as of the Participant’s birthday in the Distribution Calendar Yeardistribution calendar year; or or
(ii) if the Participant’s sole Designated designated Beneficiary for the Distribution Calendar Year distri- bution calendar year is the Participant’s spouse, the quotient obtained by dividing the Participant’s Account Balance balance by the number in the Joint and Last Survivor Table set forth in section 1.401(a)(9)-9, Q&A-3 in section 1.401(a)(9)-9 of the regulationsTreasury Regulations, using the Participant’s and spouse’s attained ages as of the Participant’s and spouse’s birthdays in the Distribution Calendar Yeardistribution calendar year.
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Sources: Retirement Plan Agreement
Amount of Required Minimum. Distribution For Each Distribution Calendar Year. During the Participantparticipant’s lifetime, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year is the lesser of: i:
(A) the quotient obtained by dividing the Participant’s Account Balance account balance by the distribution period in the Uniform Lifetime Table set forth in Q&A-2 in section 1.401(a)(9)-9 Q&A–2 of the Treasury regulations, using the Participant’s age as of the Participant’s birthday in the Distribution Calendar Yeardistribution calendar year; or iior
(B) if the Participant’s sole Designated Beneficiary for the Distribution Calendar Year distribution calendar year is the Participant’s spouse, the quotient obtained by dividing the Participant’s Account Balance account balance by the number in the Joint and Last Survivor Table set forth in Q&A-3 in section 1.401(a)(9)-9 Q&A-3 of the Treasury regulations, using the Participantparticipant’s and spouse’s attained ages as of the Participant’s and spouse’s birthdays in the Distribution Calendar Yeardistribution calendar year.
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Sources: Profit Sharing Plan Adoption Agreement (Southern National Bancorp of Virginia Inc)