Effective Date of Direct Rollover and Participant Rollover Contribution Provisions Clause Samples

This clause establishes when the rules regarding direct rollovers and participant rollover contributions become effective within a retirement or benefit plan. It specifies the date from which participants can transfer eligible distributions directly to another qualified plan or IRA, and when the plan will accept rollover contributions from participants. By clearly defining the effective date, the clause ensures that all parties understand when these provisions apply, thereby preventing confusion and ensuring compliance with regulatory requirements.
Effective Date of Direct Rollover and Participant Rollover Contribution Provisions. The provisions of (K), (L) and (M) above as they apply to Paragraph 4.4 of the Basic Plan Document #01 entitled “Rollover Contributions” shall be effective 10/1/2002 (enter a date no earlier than January 1, 2002).”
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Effective Date of Direct Rollover and Participant Rollover Contribution Provisions. The provisions of (K), (L) and (M) above as they apply to Paragraph 4.4 of the Basic Plan Document #01 entitled "Rollover Contributions" shall be effective 01/01/02 (enter a date no earlier than January 1, 2002)."
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Effective Date of Direct Rollover and Participant Rollover Contribution Provisions. The provisions of (K), (L) and (M) above as they apply to Paragraph 4.4 of the Basic Plan Document #01 entitled "Rollover Contributions" shall be effective _____________________________ (enter a date no earlier than January 1, 2002)." 2. Section VIII(A) of the Nonstandardized Cash or Deferred Profit-Sharing Plan Adoption Agreement #010 entitled, "Matching Employer Contributions" will be amended effective ___________________________ by the addition of a new paragraph 6, which shall read as follows:
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Effective Date of Direct Rollover and Participant Rollover Contribution Provisions of the EGTRRA Plan Amendment Addendum, “Rollovers From Other Plans”, shall be effective: 01-25-2006 (Enter a date no earlier than January 1, 2002.)
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Related to Effective Date of Direct Rollover and Participant Rollover Contribution Provisions

  • Rollover Contributions An amount which qualifies as a rollover contribution pursuant to the Federal Internal Revenue Code may be transferred to and paid under this contract as a contribution for a Participant. Prudential may require proof that the amount paid so qualifies.

  • Rollover Contributions and Transfers The Custodian shall have the right to receive rollover contributions and to receive direct transfers from other custodians or trustees. All contributions must be made in cash or check.

  • Adoption Agreement The document executed by the Employer through which it adopts the Plan and agrees to be bound by all terms and conditions of the Plan.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Direct Rollover A direct rollover is a payment by the Plan to the eligible retirement plan specified by the distributee.