§1651.1. Definitions.
5 C.F.R. § 1651.1
Death benefit means the portion of a deceased participant's account that is payable under FERSA's order of precedence.
Order of precedence means the priority of entitlement to a TSP death benefit specified in 5 U.S.C. 8424(d).
Required beginning date means the required beginning date as defined in Internal Revenue Code section 401(a)(9) and the regulations and guidance promulgated thereunder.
Required minimum distribution means the amount required to be distributed to a beneficiary participant beginning on the required beginning date and every year thereafter pursuant to Internal Revenue Code section 401(a)(9) and the regulations promulgated thereunder, as applicable.
Notes, amendments, and revision history
Amendments
[68 FR 35509, June 13, 2003, as amended at 74 FR 63062, Dec. 2, 2009; 78 FR 57784, Sept. 20, 2013; 84 FR 46423, Sept. 4, 2019; 85 FR 40571, July 7, 2020; 87 FR 31685, May 24, 2022]
Authority
Authority: 5 U.S.C. 8424(d), 8432d, 8432(j), 8433(e), 8435(c)(2), 8474(b)(5) and 8474(c)(1).
Source
Source: 62 FR 32429, June 13, 1997, unless otherwise noted.
Amendments
[68 FR 35509, June 13, 2003, as amended at 74 FR 63062, Dec. 2, 2009; 78 FR 57784, Sept. 20, 2013; 84 FR 46423, Sept. 4, 2019; 85 FR 40571, July 7, 2020; 87 FR 31685, May 24, 2022]