Common use of ▇▇▇▇ Deferrals Clause in Contracts

▇▇▇▇ Deferrals. A Participant's ▇▇▇▇ Deferral Account only may be transferred by means of a Direct Rollover to a qualified Defined Contribution Plan described in Code §401(k), or to a Code §403(b) plan that permits ▇▇▇▇ deferrals. A Participant also may transfer the taxable portion of his/her ▇▇▇▇ Deferral Account by a 60-day rollover to a qualified Defined Contribution Plan under Code §401(k) or to a Code §403(b) plan. A Participant's ▇▇▇▇ Deferral Account Contributions also may be transferred by a Direct Rollover or by a 60-day rollover to a ▇▇▇▇ Individual Retirement Plan.

Appears in 1 contract

Sources: Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

▇▇▇▇ Deferrals. A Participant's ’s ▇▇▇▇ Deferral Account only may be transferred by means of a Direct Rollover to a qualified Defined Contribution Plan described in Code §401(k), or to a Code §403(b) plan that permits ▇▇▇▇ deferrals. A Participant also may transfer the taxable portion of his/her ▇▇▇▇ Deferral Account by a 60-day rollover to a qualified Defined Contribution Plan under Code §401(k) or to a Code §403(b) plan. A Participant's ’s ▇▇▇▇ Deferral Account Contributions also may be transferred by a Direct Rollover or by a 60-day rollover to a ▇▇▇▇ Individual Retirement Plan.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Knowles Corp)