Common use of Minimum Age Requirement Clause in Contracts

Minimum Age Requirement. An Eligible Employee (as defined in AA §3-1) must have attained the following age with respect to the contribution source(s) identified in this AA §4-1(b).    (1) There is no minimum age for Plan eligibility.    (2) Age 21.    (3) Age 20½.    (4) Age (not later than age 21). [Note: Unless designated otherwise under (a)(8) above, in applying the minimum age and service requirements under this AA §4- 1, any selection(s) in the Deferral column also apply to ▇▇▇▇ Deferrals and After-Tax Contributions; any selection(s) in the Match column also apply to QMACs; and any selection(s) in the ER column also apply to QNECs. Selections made in the Deferral column also apply to Safe Harbor Contributions unless elected otherwise in AA §6C-3.]

Minimum Age Requirement. An Eligible Employee (as defined in AA §3-1) must have attained the following age with respect to the contribution source(s) identified in this AA §4-1(b).    Deferral □ Match □ ER □ (1) There is no minimum age for Plan eligibility.    □ □ □ (2) Age 21.    □ □ □ (3) Age 20½.    □ □ □ (4) Age (not later than age 21). [Note: Unless designated otherwise under (a)(8) above, in applying the minimum age and service requirements under this AA §4- 1, any selection(s) in the Deferral column also apply to ▇▇▇▇ Deferrals and After-Tax Contributions; any selection(s) in the Match column also apply to QMACs; and any selection(s) in the ER column also apply to QNECs. Selections made in the Deferral column also apply to Safe Harbor Contributions unless elected otherwise in AA §6C-3.]