Common use of Distribution Options Clause in Contracts

Distribution Options. Distributions from the Plan shall be paid as follows: (1) A lump sum payment of the Participant’s Account.

Appears in 3 contracts

Sources: Adoption Agreement, Adoption Agreement, Adoption Agreement

Distribution Options. Distributions from the Plan shall be paid as follows: (1) A lump sum payment of the Participant’s Account. X (2) Installment payments. (3) Annuity payments as provided under the terms of a Funding Vehicle.

Appears in 2 contracts

Sources: Adoption Agreement, Adoption Agreement