Common use of Mandatory Distribution Clause in Contracts

Mandatory Distribution. A mandatory distribution is an eligible rollover distribution without the Participant's consent before the Participant attains the later of age 62 or Normal

Mandatory Distribution. A mandatory distribution is an eligible rollover distribution without the Participant's ’s consent before the Participant attains the later of age 62 or NormalNormal Retirement Age (see paragraph 3.05 (B)). A distribution to a beneficiary is not a mandatory distribution.

Mandatory Distribution. A mandatory distribution is an eligible rollover distribution without the Participant's consent before the Participant attains the later of age 62 or NormalNormal Retirement Age (see paragraph 3.05 (B)). A distribution to a beneficiary is not a mandatory distribution.