N.J. Admin. Code § 17:7-8.3
Current through Register Vol. 57, No. 1, January 6, 2025
As used in this subchapter, the following terms shall have the following meanings, unless the context clearly indicates otherwise.
"Designated beneficiary" means the individual who is designated as the beneficiary under this Program.
"Required beginning date" means the April 1 of the calendar year following the later of:
1. The calendar year in which the participant attains age 70 1/2; or
2. The calendar year in which the participant incurs a severance from employment.
N.J. Admin. Code § 17:7-8.3