However, in an accumulation trust
, all of the beneficiaries of the trust must be considered in calculating the minimum required distributions, including mere remainder beneficiaries and permissible appointees under another beneficiary's power of appointment (Regs.
If the retirement benefits are left to an accumulation trust
(one in which the trustee is not required to distribute to the surviving spouse all distributions received from the plan and instead may accumulate the distributions within the trust) for the benefit of the spouse, the RMDs must begin by December 31 of the year following the year of the participant's death.
Enterprise Accumulation Trust
offers separate investment portfolios that serve as the underlying funding vehicles for variable annuity contracts and variable life insurance policies; shares of these portfolios are not offered directly to the public.
We anticipated this problem, so if we haven't heard from savers, we default them into an accumulation trust
, which is what they've always been paying into.
CHICAGO -- The following shares issued by Cash Accumulation Trust
- Liquid Asset Fund, a prime institutional money market fund managed by Prudential Investments, LLC are paid in full:
Bongard Irrevocable Stock Accumulation Trust
(ISA Trust), an irrevocable trust he created and funded in 1986 for his family's benefit.
6 billion in total assets; and the Cash Accumulation Trust
- Liquid Asset Fund had approximately $3.
the registered investment adviser for The Enterprise Global Funds plc, The Enterprise Group of Funds and Enterprise Accumulation Trust
, currently manages approximately $8 billion in assets and is a member of The MONY Group Inc.
Ugolyn is a Board Member of MONY Securities Corporation, MONY Life Insurance Company of the Americas, MONY Bank and Trust Company, Enterprise Capital Management, Enterprise Group of Funds, Enterprise Accumulation Trust
, Enterprise International Group of Funds, and Enterprise Global Funds plc.
The first of these two Enterprise subaccounts is the Enterprise Balanced Subaccount, which purchases shares of the Enterprise Accumulation Trust
Balanced Portfolio and seeks long-term total return.
the registered investment adviser for The Enterprise Group of Funds and Enterprise Accumulation Trust
, has more than $7 billion in combined assets under management.
The transaction does not include the assets of Quest for Value's Primary, Government and three municipal portfolios of Quest Cash Reserves or the seven portfolios of the Quest for Value Accumulation Trust
offered in variable annuity and variable life insurance products.