Common use of Specific Instructions Clause in Contracts

Specific Instructions. Distributions made under this article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant reaches age 70 1/2 to ensure that the requirements of section 408(a)(6) have been met.

Appears in 7 contracts

Sources: Simple Ira Custodial Account Agreement, Simple Ira Custodial Agreement, Custodial Agreement

Specific Instructions. Distributions made under this article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant reaches age 70 1/2 70½ to ensure that the requirements of section 408(a)(6) have been met.

Appears in 5 contracts

Sources: Simple Ira Custodial Account Agreement, Simple Ira Custodial Account Agreement, Simple Ira Custodial Account Agreement

Specific Instructions. Distributions made under this article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant reaches age 70 1/2 701/2 to ensure that the requirements of section 408(a)(6) have been met.

Appears in 3 contracts

Sources: Simple Individual Retirement Custodial Account Agreement, Simple Ira Application, Simple Individual Retirement Custodial Account

Specific Instructions. Distributions made under this article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant reaches age 70 1/2 to ½ or 72 (See Article IV 4.4 above) -to ensure that the requirements of section 408(a)(6) have been met.

Appears in 2 contracts

Sources: Simple Ira Custodial Agreement, Traditional Individual Retirement Custodial Agreement

Specific Instructions. Distributions made under this article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant Depositor reaches age 70 1/2 ½ to ensure that the requirements of section 408(a)(6) have been met.

Appears in 2 contracts

Sources: Traditional Individual Retirement Custodial Account Agreement, Traditional Individual Retirement Custodial Account Agreement

Specific Instructions. Distributions made under this article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant depositor reaches age 70 1/2 701/2 to ensure that the requirements of section 408(a)(6408(a) (6) have been met.

Appears in 1 contract

Sources: Individual Retirement Custodial Account Agreement

Specific Instructions. Distributions Distribution made under this article Article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant Depositor reaches age 70 1/2 to ensure that make sure the requirements of section 408(a)(6) have been met.

Appears in 1 contract

Sources: Sep and Sarsep Ira Adoption Agreement (Aim Growth Series)

Specific Instructions. Distributions made under this article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant Depositor reaches age 70 1/2 70½ to ensure that the requirements of section 408(a)(6) have been met.

Appears in 1 contract

Sources: Traditional Individual Retirement Account Custodial Agreement

Specific Instructions. Distributions made under this article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant Participant reaches age 70 1/2 701⁄2 to ensure that the requirements of section 408(a)(6) have been met.

Appears in 1 contract

Sources: Custodial Agreement

Specific Instructions. Distributions made under this article may be made in a single sum, periodic payment, or a combination of both. The distribution option should be reviewed in the year the participant Participant reaches age 70 1/2 701/2 to ensure that the requirements of section 408(a)(6) have been met.

Appears in 1 contract

Sources: Adoption Agreement Simple Ira