Forms of Distributions. Unless the Participant’s interest is distributed in the form of an annuity purchased from an insurance company or in a single sum on or before the required beginning date, as of (i) for distributions beginning prior to the Participant’s death, the calendar year containing such Participant’s required beginning date, or (ii) for distributions beginning after a Participant’s death, the calendar year distributions must begin under Code Section 401(a)(9) (the “first distribution calendar year”), distributions will be made in accordance with this Section 6.4. If the Participant’s interest is distributed in the form of an annuity purchased from an insurance company, distributions thereunder will be made in accordance with the requirements of Code Section 401(a)(9).
Appears in 2 contracts
Sources: MFS 403(b) Mutual Fund Custodial Agreement, MFS 403(b) Mutual Fund Custodial Agreement