Assets Transferred From A Code Section 401(k. Plan If the Plan receives a direct transfer (by merger or otherwise) of Elective Deferrals (or amounts treated as Elective Deferrals) under a Plan with a Code Section 401(k) arrangement, the distribution restrictions of Code Sections 401(k)(2) and 401(k)(10) continue to apply to those transferred Elective Deferrals.
Appears in 4 contracts
Samples: Defined Contribution Plan (Idt Corp), Defined Contribution Plan (Georgetown Bancorp, Inc.), Defined Contribution Plan (Chicopee Bancorp, Inc.)