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EXHIBIT 4.1(c)

AMENDMENT NO. 1 TO

FARM BUREAU 401 (k) SAVINGS PLAN (“Plan”)

(As restated and executed on January 25, 2002)

This
amendment, entered into as of this 26th day of December, 2002, shall be
effective as of the January 1, 1999, the date that temporary employees were first considered
an excluded class of employees under the Plan.

Item 3
in the Adoption Agreement to the Plan, setting forth categories of Employees who are
excluded from the Plan is hereby amended by substituting the following in subsection 3.(f):

“(f) Classifications: Employees employed on a temporary basis who are designated by the
Employer as of initial date of employment or reemployment that employment status with the Employer
(or Participating Employer) is of a temporary and not permanent nature; provided, however, that any
such Employee so classified who is credited with at least 1,000 Hours of Service in any 12 month
period (based on the first employment year and any Plan Year beginning with the first Plan Year
that begins on the first January 1 after date of hire or date of rehire) shall not be an excluded
Employee,”

IOWA FARM BUREAU FEDERATION, Plan Sponsor

	 	 	 	 	 
	By:

	 	/s/ Craig A. Lang	 	 
	 

	 	 

President
	 	 

WELLS FARGO BANK MINNESOTA, N.A., Trustee

	 	 	 	 	 
	By:

	 	/s/ [ILLEGIBLE]exv4w1xdy

 

EXHIBIT 4.1(d)

AMENDMENT TO

FARM BUREAU 401(k) SAVINGS PLAN

     The following provisions shall be added to the Farm Bureau 401(k) Savings Plan
(“Plan”).

     REQUIRED MINIMUM DISTRIBUTIONS.

     Section 1. General Rules

     1.1. Effective Date. The provisions of this Amendment will apply for purposes of determining
required minimum distributions for calendar years beginning with the
2002 calendar year.

     1.2.
Coordination with Minimum Distribution Requirements Previously in Effect.
Required minimum distributions for 2002 under this article will be determined as follows. If the total
amount of 2002 required minimum distributions under the Plan made to the distributee prior to the
effective date of this Amendment equals or exceeds the required minimum distributions determined
under this Amendment, then no additional distributions will be required to be made for 2002 on or
after such date to the distributee. If the total amount of 2002 required minimum distributions
under the Plan made to the distributee prior to the effective date of this Amendment is less than
the amount determined under this Amendment, then required minimum distributions for 2002 on and
after such date will be determined so that the total amount of required minimum distributions for
2002 made to the distributee will be the amount determined under this
Amendment.

     1.3. Precedence. The requirements of this Amendment will take precedence over any
inconsistent provisions of the Plan, including, but not limited to, Section 6.02 of the
Plan.

     1.4. Requirements of Treasury Regulations incorporated. All distributions required under this
Amendment will be determined and made in accordance with the Treasury regulations under section
401(a)(9) of the internal Revenue Code.

     Section 2. Time and Manner of Distribution.

     2.1. Required Beginning Date. The participant’s entire interest will be distributed, or begin
to be distributed, to the participant no later than the participant’s required beginning date.

     2.2. Death of Participant Before Distributions Begin. If the participant dies before
distributions begin, the participant’s entire interest will be distributed, or begin to be
distributed, no later than as follows:

     (a) If the participant’s surviving spouse is the participant’s sole designated beneficiary,
then, except as provided in the adoption agreement, distributions to the surviving spouse will
begin by December 31 of the calendar year immediately following
the calendar year in which the
participant died, or by December 31 of the calendar year in which the participant would have
attained age 70 1/2, if later.

     (b) If the participant’s surviving spouse is not the participant’s sole designated
beneficiary, then, except as provided in the adoption agreement, distributions to the designated
beneficiary will begin by December 31 of the calendar year immediately following the calendar year
in which the participant died.

     (c) If there is no designated beneficiary as of September 30 of the year following the year of
the
participant’s death, the participant’s entire interest will be distributed by December 31
of the calendar year containing the fifth anniversary of the participant’s death.

     (d) If the participant’s surviving spouse is the participant’s sole designated beneficiary and
the surviving spouse dies after the participant but before distributions to the surviving spouse
begin, this section 2.2, other than section 2.2(a), will apply as if the surviving spouse were the
participant.

 

 

     For purposes of this section 2.2 and section 4, unless section 2.2(d) applies,
distributions are considered to begin on the participant’s required beginning date. If section
2.2(d) applies, distributions are considered to begin on the date distributions are required to
begin to the surviving spouse under section 2.2(a). If distributions under an annuity purchased
from an insurance company irrevocably commence to the participant before the participant’s
required beginning date (or to the participant’s surviving spouse before the date distributions
are required to begin to the surviving spouse under section 2.2(a)), the date
distributions are considered to begin is the date distributions actually commence.

     2.3. Forms of Distribution. Unless the participant’s interest is distributed in the form of
an annuity purchased from an insurance company or in a single sum on or before the required
beginning date, as of the first distribution calendar year distributions will be made in
accordance with sections 3 and 4 of this article. If the participant’s interest is distributed in
the form of an annuity purchased from an insurance company, distributions thereunder will be made
in accordance with the requirements of section 401(a)(9) of the Code and the Treasury
regulations.

     Section 3. Required Minimum Distributions During Participant’s Lifetime.

     3.1. Amount of Required Minimum Distribution For Each Distribution Calendar Year. During the
participant’s lifetime, the minimum amount that will be distributed for each distribution calendar
year is the lesser of:

     (a) the quotient obtained by dividing the participant’s account balance by the distribution
period in the Uniform Lifetime Table set forth in section 1.401(a)(9)-9 of the Treasury
regulations, using the participant’s age as of the participant’s birthday in the distribution
calendar year; or

     (b) if the participant’s sole designated beneficiary for the distribution calendar year is the
participant’s spouse, the quotient obtained by dividing the participant’s account balance by the
number in the Joint and Last Survivor Table set forth in section 1.401 (a)(9)-9 of the Treasury
regulations, using the participant’s and spouse’s attained ages as of the participant’s and
spouse’s birthdays in the distribution calendar year.

     3.2. Lifetime Required Minimum Distributions Continue Through Year of Participant’s Death.
Required minimum distributions will be determined under this section 3 beginning with the first
distribution calendar year and up to and including the distribution calendar year that includes the
participant’s date of death

     Section 4. Required Minimum Distributions After Participant’s

     4.1. Death On or After Date Distributions Begin.

     (a) Participant Survived by Designated Beneficiary. If the participant dies on or after the
date distributions begin and there is a designated beneficiary, the minimum amount that will be
distributed for each distribution calendar year after the year of the participant’s death is the
quotient obtained by dividing the participant’s account balance by the longer of the remaining life
expectancy of the participant or the remaining life expectancy of the participant’s designated
beneficiary, determined as follows:

     (1) The participant’s remaining life expectancy is calculated using
the age of the participant
in the
year of death, reduced by one for each subsequent year.

     (2) If the participant’s surviving spouse is the participant’s sole designated beneficiary, the
remaining life expectancy of the surviving spouse is calculated for each distribution calendar year
after the year of the participant’s death using the surviving spouse’s age as of the spouse’s
birthday in that year. For distribution calendar years after the year of the surviving spouse’s
death, the remaining life expectancy of the surviving spouse is calculated using the age of the
surviving spouse as of the spouse’s birthday in the calendar year of the spouse’s death, reduced by
one for each subsequent calendar year.

 

 

     (3) If the participant’s surviving spouse is not the participant’s sole designated
beneficiary, the designated beneficiary’s remaining life expectancy is calculated using the age of
the beneficiary in the year fallowing the year of the participant’s death, reduced by one for each
subsequent year.

     (b) No Designated Beneficiary. If the participant dies on or after the date distributions
begin and there is no designated beneficiary as of September 30 of the year after the year of the
participant’s death, the minimum amount that will be distributed for each distribution calendar
year after the year of the participant’s death is the quotient obtained by dividing the
participant’s account balance by the participant’s remaining life expectancy calculated using the
age of the participant in the year of death, reduced by one for each subsequent year.

     4.2. Death Before Date Distributions Begin.

     (a) Participant Survived by Designated Beneficiary, If the participant dies before the date
distributions begin and there is a designated beneficiary, the minimum amount that will be
distributed for each distribution calendar year after the year of the participant’s death is the
quotient obtained by dividing the participant’s account balance by the remaining life expectancy of
the participant’s designated beneficiary, determined as provided in section 4.1.

     (b) No Designated Beneficiary. If the participant dies before the date distributions begin and
there is no designated beneficiary as of September 30 of the year following the year of the
participant’s death, distribution of the participant’s entire interest will be completed by
December 31 of the calendar year containing the fifth anniversary of the participant’s death,

     (c) Death of Surviving Spouse Before Distributions to Surviving Spouse Are Required to Begin.
If the participant dies before the date distributions begin, the participant’s surviving spouse is
the participant’s sole designated beneficiary, and the surviving spouse dies before distributions
are required to begin to the surviving spouse under section 2.2(a), this section 4.2 will apply as
if the surviving spouse were the participant.

     Section 5. Definitions.

     5.1. Designated beneficiary. The individual who is designated as the beneficiary under section
8.01 of the Plan and is the designated beneficiary under section 401(a)(9) of the Internal Revenue
Code and section 1.401(a)(9)-1, Q&A-4, of the Treasury regulations.

     5.2. Distribution calendar year. A calendar year for which a minimum distribution is required.
For
distributions beginning before the participant’s death, the first distribution calendar year is the
calendar year immediately preceding the calendar year which contains the participant’s required
beginning date. For distributions beginning after the participant’s death, the first distribution
calendar year is the calendar year in which distributions are required to begin under section 2.2.
The required minimum distribution for the participant’s first distribution calendar year will be
made on or before the participant’s required beginning date. The required minimum distribution for
other distribution calendar years, including the required minimum distribution for the distribution
calendar year in which the participant’s required beginning date occurs, will be made on or before
December 31 of that distribution calendar year.

     5.3. Life expectancy. Life expectancy as computed by use of the Single Life Table in
section 1.401(a)(9)-9 of the Treasury regulations.

     5.4. Participant’s account balance. The account balance as of the last valuation date in the
calendar year immediately preceding the distribution calendar year (valuation calendar year)
increased by the amount of any contributions made and allocated or forfeitures allocated to the
account balance as of dates in the valuation calendar year after the valuation date and decreased
by distributions made in the valuation calendar year after the valuation date. The account balance
for the valuation calendar year includes any amounts rolled over or transferred to the Plan either
in the valuation calendar year or in the distribution calendar year if distributed or transferred
in the valuation calendar year.

 

 

     5.5
Required beginning date. The date specified in Section 6.02 of the Plan (as modified by
this Amendment) when distributions under Section 401(a)(9) of the Internal Revenue Code are
required to begin.

IOWA FARM BUREAU FEDERATION, Plan Sponsor

	 	 	 	 	 
	By:

	 	/s/ Craig A. Lang
	 	Date: November 13th, 2003
	 

	 	 

President
	 	 

WELLS FARGO BANK MINNESOTA, NA. Trustee

	 	 	 	 	 
	By:

	 	/s/ Mary Stoecker
	 	Date: November 20, 2003
	 

	 	 

Trust Officer

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