Comcast 2013 Annual Report Download - page 272

receiving the distribution. In order to be able to rollover the distribution, the distribution otherwise must satisfy the requirements for an eligible
rollover distribution as described in the Plan.
(2) If the Participant’s named beneficiary is a trust, the Plan may make a direct rollover to an
individual retirement account on behalf of the trust, provided the trust satisfies the requirements to be a designated beneficiary within the
meaning of section § 401(a)(9)(E) of the Code.
(3) A non-Spouse beneficiary may not rollover an amount which is a required minimum distribution,
as determined under applicable Treasury regulations and other Revenue Service guidance. If the Participant dies before his or her required
beginning date and the non-Spouse beneficiary rolls over to an individual retirement account the maximum amount eligible for rollover, the
beneficiary may elect to use either the 5-year rule or the life expectancy rule, pursuant to Treas. Reg. §1.401(a)(9)-3, A-4(c), in determining the
required minimum distributions from the individual retirement account that receives the non-Spouse beneficiary’s distribution.
5.13.2. The Participant or beneficiary must specify the name of the plan or account to which the Participant or
beneficiary wishes to have the amount transferred, on a form and in a manner prescribed by the Committee.
5.13.3. Section 5.13.1 shall not apply to the following distributions:
(a) except as provided in Section 5.13.3(f), any distribution of After-Tax Contributions;
(b) any distribution which is made pursuant to the Participant’s election of installments over either (1) a
period of 10 years or more, or (2) a period equal to the life or life expectancy of the Participant or the joint lives or life expectancy of the
Participant and his beneficiary;
(c) that portion of any distribution after the Participant’s Required Beginning Date that is required to be
distributed to the Participant by the minimum distribution rules of section 401(a)(9) of the Code;
(d) any amount that is distributed on account of hardship; or
(e) such other distributions as may be exempted by applicable statute or regulation from the requirements
of section 401(a)(31) of the Code.
(f) A portion of a distribution shall not fail to be eligible for rollover merely because the portion consists of
after-tax employee contributions which are not includible in gross income. However, such portion may be transferred only to an individual
retirement account or annuity described in section 408(a) or (b) of the Code, to a qualified plan described in section 401(a) or 403(a) of the Code,
or to a 403(b) plan that agrees to separately account for amounts so transferred, including separately accounting for the portion of such
distribution which is includible in gross income and the portion of such distribution which is not so includible.
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