Dell 2007 Annual Report Download - page 159

(A) Spouse is Designated Beneficiary. If the Participant's Designated Beneficiary is the surviving Spouse, the "applicable distribution
period" is the Spouse's life expectancy, as determined under the Single Lifetime Table, described in Treas. Reg. § 1.401(a)(9)-9, for
each Distribution Calendar Year beginning after the Participant's death based on the Spouse's attained age, as recalculated, in each
calendar year.
(B) Nonspouse Designated Beneficiary. If the Participant's Designated Beneficiary is not his surviving Spouse, then the "applicable
distribution period" is determined under the Single Lifetime Table described in Treas. Reg. § 1.401(a)(9)-9, using the nonspouse
beneficiary's age as of the beneficiary's birthday in the calendar year immediately following the calendar year of the Participant's death,
reducing the "applicable distribution period" by one for each calendar year thereafter. The nonspouse Designated Beneficiary's age shall
not be recalculated.
(ii) Designated Beneficiary is Older than the Participant. If the Participant's remaining life expectancy is greater than the Designated Beneficiary's
life expectancy, the Participant's remaining life expectancy is the "applicable distribution period". The remaining life expectancy is the
Participant's unrecalculated life expectancy determined under the Single Lifetime Table, described in Treas. Reg. § 1.401(a)(9)-9, using the
Participant's attained age in the year of death, and reduced by one for each calendar year thereafter.
(iii) No Designated Beneficiary. If a Participant dies without a Designated Beneficiary, the "applicable distribution period" is the remaining life
expectancy of the Participant. The remaining life expectancy is the Participant's unrecalculated life expectancy determined under the Single
Lifetime Table of Treas. Reg. § 1.401(a)(9)-9, using the Participant's attained age in the year of death, reduced by one for each calendar year
thereafter.
(b) Death Occurs Before a Participant's Required Beginning Date.
(i) Designated Beneficiary. If the Participant or Former Participant dies before the Participant's Required Beginning date, the Trustee shall
complete distribution of the Participant's or Former Participant's Nonforfeitable Account Balance by December 31 of the calendar year
containing the fifth (5th) anniversary of the Participant's or Former Participant's death. If the Participant's surviving Spouse is the Participant's
sole Designated Beneficiary and the surviving spouse dies after the Participant but before distributions to either the Participant or the
surviving spouse begin, this paragraph (b) shall apply as if the surviving spouse were the Participant.
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