Comcast 2014 Annual Report Download - page 319

(3) Death of Surviving Spouse Before Distributions to Surviving Spouse Are Required to Begin
. If the Participant dies before
the date distributions begin, the Participant’s surviving Spouse is the Participant’s sole Designated Beneficiary, and the surviving Spouse dies
before distributions are required to begin to the surviving Spouse under Section 2(B)(1), this Section 4(B) will apply as if the surviving Spouse
were the Participant.
5. Definitions . For purposes of this Schedule, the following definitions are used.
(A) Account Balance . The Account balance as of the last valuation date in the calendar year immediately preceding the Distribution
Calendar Year (valuation calendar year) increased by the amount of any contributions made and allocated or forfeitures allocated to the account
balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after
the valuation date. The Account Balance for the valuation calendar year includes any amounts rolled over or transferred to the Plan either in the
valuation calendar year or in the Distribution Calendar Year if distributed or transferred in the valuation calendar year.
(B) Designated Beneficiary . The individual who is designated as the beneficiary under the Plan and is the designated beneficiary
under section 401(a)(9) of the Code and section 1.401(a)(9)-1, Q&A-4, of the Treasury Regulations.
(C) Distribution Calendar Year
. A calendar year for which a minimum distribution is required. For distributions beginning before the
Participant’s death, the first Distribution Calendar Year is the calendar year immediately preceding the calendar year which contains the
Participant’s Required Beginning Date. For distributions beginning after the Participant’s death, the first Distribution Calendar Year is the
calendar year in which distributions are required to begin under Section 2(B). The required minimum distribution for the Participant’s first
Distribution Calendar Year will be made on or before the Participant’s Required Beginning Date. The required minimum distribution for other
Distribution Calendar Years, including the required minimum distribution for the Distribution Calendar Year in which the Participant’
s Required
Beginning Date occurs, will be made on or before December 31 of that Distribution Calendar Year.
(D) Life Expectancy . Life expectancy as computed by use of the Single Life Table in section 1.401(a)(9)-9 of the Treasury
Regulations.
(E) Required Beginning Date . The date by which the distribution of a Participant’s nonforfeitable interest in his Account must
commence, as specified in Article I of the Plan.
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