Form of Distribution. Unless otherwise required under applicable laws, distribution shall be made in cash or in kind in any one or more of the following ways: (a) a single payment; or (b) installments for a period certain not to exceed the life expectancy of the Participant or the Participant’s designated Beneficiary or the joint lives and last survivor expectancies of the Participant and the Participant’s designated Beneficiary; or (c) a combination of (a) and (b).
Appears in 4 contracts
Sources: Custodial Account Agreement, Custodial Account Agreement, 403(b)(7) and Roth 403(b)(7) Custodial Account Agreement
Form of Distribution. Unless otherwise required under applicable laws, distribution Distributions shall be made in cash or in kind in any one or more of the following ways:
(a) in a single payment; or
(b) in installments for a period certain not to exceed the life expectancy of the Participant or the Participant’s designated Beneficiary or the joint lives and last survivor survivors expectancies of the Participant and the Participant’s designated Beneficiary; or
(c) in a combination of (a) and (b).
Appears in 3 contracts
Sources: 403(b)(1)/403(b)(7) Custodial Agreement, 403(b)(1)/403(b)(7) Custodial Agreement, 403(b)(1)/403(b)(7) Custodial Agreement
Form of Distribution. Unless otherwise required under applicable laws, distribution shall be made in cash or in kind in any one or more of the following ways:
(a) a single payment; or;
(b) installments for a period certain not to exceed the life expectancy of the Participant or the Participant’s designated Beneficiary or the joint lives and last survivor expectancies of the Participant and the Participant’s designated Beneficiary;
(c) Ad Hoc distributions; or
(cd) a combination of (a), (b) and (bc).
Appears in 2 contracts
Sources: Custodial Account Agreement, Custodial Account Agreement
Form of Distribution. Unless otherwise required under applicable lawssection 14, distribution shall be made in cash or in kind in any one or more of the following ways:
(a) in a single payment; or
(b) in installments for a period certain not to exceed the life expectancy of the Participant or the Participant’s designated 's Beneficiary or the joint lives and last survivor expectancies of the Participant and the Participant’s 's designated Beneficiary; or
(c) in a combination of (a) and (b).
Appears in 1 contract