Transitional Rules. The required beginning date of a Participant who attains age 70 1/2 before January 1, 1988, shall be determined in accordance with (1) or (2) below: (1) Non-5% owners. The required beginning date of a Participant who is not a 5% owner is the first day of April of the calendar year following the calendar year in which the later of his Retirement or his attainment of age 70 1/2 occurs. (2) 5% owners. The required beginning date of a Participant who is a 5% owner during any year beginning after December 31, 1979, is the first day of April following the later of:
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Sources: 401(k) and Profit Sharing Plan Agreement (American Science & Engineering Inc), 401(k) and Profit Sharing Plan Agreement (Conley Canitano & Associates Inc)
Transitional Rules. The required beginning date of a Participant who attains age 70 70-1/2 before January 1, 1988, shall be determined in accordance with (1) or (2) below:
(1i) Non-5% -percent owners. The required beginning date of a Participant who is not a 5% -percent owner is the first day of April of the calendar year following the calendar year in which the later of his Retirement retirement or his attainment of age 70 70-1/2 occurs.
(2) 5% owners. The required beginning date of a Participant who is a 5% owner during any year beginning after December 31, 1979, is the first day of April following the later of:
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Sources: 401(k) Profit Sharing Plan Adoption Agreement (Priority Healthcare Corp)
Transitional Rules. The required beginning date Required Beginning Date of a Participant who attains age 70 1/2 701/2 before January 1, 1988, shall be determined in accordance with (1) or (2) below:
(1) Non-5% -percent owners. The required beginning date Required Beginning Date of a Participant who is not a 5% -percent owner is the first day of April of the calendar year following the calendar year in which the later of his Retirement retirement or his attainment of age 70 1/2 701/2 occurs.
(2) 5% owners. The required beginning date In the case of a Participant who is not a 5% -percent owner who attains age 701/2 during any year beginning after December 311988 and who has not retired as of January 1, 19791989, the Required Beginning Date is the first day of April following the later of:1, 1990.
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Transitional Rules. The required beginning date of a Participant who attains age 70 70-1/2 before January 1, 1988, shall be determined in accordance with (1) or (2) below:
(1i) Non-5% -percent owners. The required beginning date of a Participant who is not a 5% -percent owner is the first day of April of the calendar year following the calendar year in which the later of his Retirement retirement or his attainment of age 70 70-1/2 occurs.
(2ii) 5% -percent owners. The required beginning date of a Participant who is a 5% -percent owner during any year beginning after December 31, 1979, is the first day of April following the later of:
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Transitional Rules. The required beginning date Required Beginning Date of a Participant who attains attained age 70 70-1/2 before January 1, 1988, shall be 1988 is determined in accordance with (1i) or (2ii) below:
(1i) Non-5% ownersNon-5 Percent Owners. The required beginning date Required Beginning Date of a Participant who is not a 5% owner 5 Percent Owner is the first day of April of the calendar year following the calendar year in which the later of his Retirement retirement or his attainment of age 70 70-1/2 occurs.
(2) 5% owners. The required beginning date of a Participant who is a 5% owner during any year beginning after December 31, 1979, is the first day of April following the later of:
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