Excess Pre-2005 Amounts
Excess Pre-2005 Amounts. At the time the Participant attains age 65 or would have attained age 65, and from time to time thereafter, the balance in a Participant's vested Pre-2005 Benefit Account that exceeds the present value of the amount estimated to be required to pay expected future premiums over the current life expectancy of the Participant on that date or what it would have been if the Participant was still living. For purposes of determining an Excess Pre-2005 Amount, the interest rate shall be the annual...
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HomeTrust Bancshares, Inc. contract