In general
Subparagraph (B) of paragraph (1) shall not apply to a participant in an eligible rural electric cooperative plan, except in the case of a participant who was a highly compensated employee (as defined in section 414(q)) of an employer maintaining such plan for the earlier of—
(i)#
the plan year in which the participant terminated employment with such employer, or
(ii)#
the plan year in which distributions commence under the plan with respect to the participant, or
for any of the 5 plan years immediately preceding such earlier plan year.