2016 SIMPLE Individual Retirement Account Disclosure Statement

If the designated Beneficiary is someone other than the Account Holder’s surviving spouse, the entire interest will be distributed, starting by December 31 of the calendar

If you are a successor beneficiary designated by another beneficiary, you must continue to take required minimum distributions based on the remaining life expectancy of the

must be distributed over a period no longer than the single life expectancy of the oldest designated beneficiary, determined as of the calendar year following the participant’s

If the Designated Beneficiary is someone other than the Traditional IRA Holder’s surviving spouse, the entire interest will be distributed, starting by the end of the calendar

(ii) the designated beneficiary is not the depositor’s surviving spouse, the remaining interest will be distributed over the beneficiary’s remaining life expectancy as determined in

spouse, the remaining interest will be distributed over the beneficiary’s remaining life expectancy as determined in the year following the death of the depositor and reduced by one

(ii) the designated beneficiary is not the depositor’s surviving spouse, the re- maining interest will be distributed over the beneficiary’s remaining life ex- pectancy as

(ii) the designated beneficiary is not the participant’s surviving spouse, the remaining interest will be distributed over the beneficiary’s remaining life