Common use of Lump Sums Clause in Contracts

Lump Sums. ☐ a.1. without regard to amount ☐ a.2. not to exceed $ _. ☐ a.3. if the Participant has completed ___ Years of Service and has attained age ___ ☐ b. Installments ☐ b.1. over years payable on an annual, quarterly or monthly basis. ☐ b.2. over a period of years certain selected by the Participant that is less than the life of the Participant payable on an annual, quarterly or monthly basis. ☐ c. Annuities ☐ c.1. for not more than ___ years. ☐ c.2. for the life of (Select all that apply.) ☐ 2.A. the Participant. ☐ 2.B. the Participant and spouse. ☐ 2.C. the Participant and a Designated Beneficiary ☐ c.3. for a certain period of: (Select all that apply.) ☐ 3.A. 5 years ☐ 3.B. 10 years ☐ 3.C. 15 years ☐ 3.D. 20 years and thereafter for the life of: (Select all that apply.) ☐ 3.E. the Participant ☐ 3.F. the Participant and spouse ☐ 3.G. the Participant and a Designated Beneficiary ☐ c.4. for a period certain selected by the Participant that is less than the life expectancy of: (Select all that apply.) ☐ 4.A. the Participant ☐ 4.B. the Participant and spouse ☐ 4.C. the Participant and a Designated Beneficiary

Appears in 1 contract

Sources: Adoption Agreement

Lump Sums. ☐ a.1. without regard to amount ☐ a.2. not to exceed $ _. _______ ☐ a.3. if the Participant has completed ___ Years of Service and has attained age ___ ☐ b. Installments ☐ b.1. over years payable on an annual, quarterly or monthly basis. ☐ b.2. over a period of years certain selected by the Participant that is less than the life of the Participant payable on an annual, quarterly or monthly basis. ☐ c. Annuities ☐ c.1. for not more than ___ years. ☐ c.2. for the life of (Select all that apply.) ☐ 2.A. the Participant. ☐ 2.B. the Participant and spouse. ☐ 2.C. the Participant and a Designated Beneficiary ☐ c.3. for a certain period of: (Select all that apply.) ☐ 3.A. 5 years ☐ 3.B. 10 years ☐ 3.C. 15 years ☐ 3.D. 20 years and thereafter for the life of: (Select all that apply.) ☐ 3.E. the Participant ☐ 3.F. the Participant and spouse ☐ 3.G. the Participant and a Designated Beneficiary ☐ c.4. for a period certain selected by the Participant that is less than the life expectancy of: of (Select all that apply.) ☐ 4.A. the Participant ☐ 4.B. the Participant and spouse ☐ 4.C. the Participant and a Designated BeneficiaryBeneficiary ☐ d. Minimum distributable amount to non-vested Participant shall be the lesser of or the Account balance.

Appears in 1 contract

Sources: Volume Submitter Adoption Agreement

Lump Sums. ☐ a.1. without regard to amount ☐ a.2. not to exceed $ $_. _______ ☐ a.3. if the Participant has completed ___ Years of Service and has attained age ___ ☐ b. Installments ☐ b.1. over years payable on an annual, quarterly or monthly basis. ☐ b.2. over a period of years certain selected by the Participant that is less than the life of the Participant payable on an annual, quarterly or monthly basis. ☐ c. Annuities ☐ c.1. for not more than ___ years. ☐ c.2. for the life of (Select all that apply.) ☐ 2.A. the Participant. ☐ 2.B. the Participant and spouse. ☐ 2.C. the Participant and a Designated Beneficiary ☐ c.3. for a certain period of: (Select all that apply.) ☐ 3.A. 5 years ☐ 3.B. 10 years ☐ 3.C. 15 years ☐ 3.D. 20 years and thereafter for the life of: (Select all that apply.) ☐ 3.E. the Participant ☐ 3.F. the Participant and spouse ☐ 3.G. the Participant and a Designated Beneficiary ☐ c.4. for a period certain selected by the Participant that is less than the life expectancy of: of (Select all that apply.) ☐ 4.A. the Participant ☐ 4.B. the Participant and spouse ☐ 4.C. the Participant and a Designated BeneficiaryBeneficiary ☐ d. Minimum distributable amount to non-vested Participant shall be the lesser of $ or the Account balance.

Appears in 1 contract

Sources: Volume Submitter Adoption Agreement