Common use of Death of Participant Before Distributions Begin Clause in Contracts

Death of Participant Before Distributions Begin. If the Participant dies before distributions begin, the Participant’s entire interest will be distributed, or begin to be distributed, no later than as follows: Beneficiary may name a subsequent beneficiary(ies) by completing a Beneficiary Designation form acceptable to and filed with the Custodian.

Appears in 2 contracts

Sources: Custodial Account Agreement, Custodial Account Agreement