Under IRC Section 401(a)(9), what is the default distribution rule for a non-spouse beneficiary under the 10-year rule?
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A
Distributions must be taken in equal annual installments over 10 years
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B
The entire account must be distributed by December 31 of the 10th year after the participant's death
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C
Annual RMDs based on beneficiary's life expectancy must begin in year one
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D
Distributions can be deferred until the beneficiary reaches age 72