Sentence examples for Designated beneficiary from inspiring English sources

"Designated beneficiary" is a term defined in the Internal Revenue Code, with further elaboration in IRS regulations.

Under the SIP, Liv was William's designated beneficiary.

L. 108 311, § 406(b), substituted "designated beneficiary" for "account holder".

L. 105 206, § 6004(d)(1), inserted "an individual who is" before "the designated beneficiary" in introductory provisions.

Vice President Al Gore, the designated beneficiary of the party's treasure chest, hailed Mr. McAuliffe as "the greatest fund-raiser in the history of the universe".

The donor may retain the power exercisable only by will to revoke or terminate the income interest of any designated beneficiary other than the public charity.

There were designated beneficiaries, charities and academic institutes in the will".

One of Hackett's designated beneficiaries is the Alannah and Madeline Foundation, which was created after the Port Arthur massacre in Tasmania, in which 35 people, including two children named Alannah and Madeline, were killed by a gunman in 1995.

It is interesting to note that frozen embryos will not be considered designated beneficiaries under the rule.

Some exemptions are jointly owned assets with rights of survivorship and assets with designated beneficiaries like life insurance policies, annuities, and retirement accounts.

Retirement assets, such as those in an IRA, Roth IRA, or 401 k), are passed to designated beneficiaries after the account holder's death.