Common use of Direct Rollover Rules for ▇▇▇▇ Elective Deferral Account Clause in Contracts

Direct Rollover Rules for ▇▇▇▇ Elective Deferral Account. The Plan will not provide for a direct rollover for distributions from a Participant’s ▇▇▇▇ Elective Deferral Account if the amount of the distributions that are eligible rollover distributions are reasonably expected to total less than $200 during a year. In addition, any distribution from a Participant’s ▇▇▇▇ Elective Deferral Account is not taken into account in determining whether distributions from the other Participant’s Account(s) are reasonably expected to total less than $200 during a year. Furthermore, the provision of this Section that allows a Participant to elect a direct rollover of only a portion of an eligible rollover distribution (but only if the amount rolled over is at least $500) is applied by treating any amount distributed from the Participant’s ▇▇▇▇ Elective Deferral Account as a separate distribution from any amount distributed from the other Participant’s Account(s) in the Plan, even if the amounts are distributed at the same time.

Direct Rollover Rules for ▇▇▇▇ Elective Deferral Account. If the Plan permits ▇▇▇▇ Elective Deferrals to be made on behalf of Participants, then the provisions of this paragraph apply to the Plan. The Plan will not provide for a direct rollover Direct Rollover for distributions from a Participant’s ▇▇▇▇ Elective Deferral Account if the amount of the distributions that are eligible rollover distributions Eligible Rollover Distributions are reasonably expected to total less than $200 during a year. In addition, any distribution from a Participant’s ▇▇▇▇ Elective Deferral Account is not taken into account in determining whether distributions from the other Participant’s Account(s) are reasonably expected to total less than $200 during a year. Furthermore, the provision of this Section that allows a Participant to elect a direct rollover Direct Rollover of only a portion of an eligible rollover distribution Eligible Rollover Distribution (but only if the amount rolled over is at least $500) is applied by treating any amount distributed from the Participant’s ▇▇▇▇ Elective Deferral Account as a separate distribution from any amount distributed from the other Participant’s Account(s) in the Plan, even if the amounts are distributed at the same time.