Mandatory Distribution. The Plan Administrator will distribute the Participant’s entire Account. [ ] (3) Hybrid. The Plan Administrator will distribute a Participant’s Account that does not exceed $ and the Participant may elect to receive all or any portion of his/her Account that exceeds $ but that does not exceed $5,000.
Appears in 3 contracts
Sources: Eligible 457 Prototype Plan, Eligible 457 Prototype Plan Salary Reduction Contributions Adoption Agreement, Eligible 457 Prototype Plan