Certain Requirements Not Applicable. Although a non-spouse beneficiary may roll over directly a distribution as provided in Section 7.1, any distribution made prior to January 1, 2010 is not subject to the direct rollover requirements of Code §401(a)(31) (including Code §401(a)(31)(B), the notice requirements of Code §402(f) or the mandatory withholding requirements of Code §3405(c)). If a non-spouse beneficiary receives a distribution from the Plan, the distribution is not eligible for a “60-day” rollover.
Appears in 2 contracts
Samples: 401(k) Plan Adoption Agreement (Knowles Corp), 401(k) Profit Sharing Plan Adoption Agreement (Simpson Manufacturing Co Inc /Ca/)
Certain Requirements Not Applicable. Although a non-spouse beneficiary may roll over directly a distribution as provided in this Section 7.13.5, any such a distribution made prior to January 1, 2010 is not subject to the direct rollover requirements of Code §401(a)(31) (including Code §401(a)(31)(B), the notice requirements of Code §402(f) or the mandatory withholding requirements of Code §3405(c)). If a non-spouse beneficiary receives a distribution from the Plan, the distribution is not eligible for a “60-day” 60 day rollover.”
Appears in 2 contracts
Samples: Single Defined Benefit Plan, Single Defined Benefit Plan
Certain Requirements Not Applicable. Although a non-spouse beneficiary Beneficiary may roll over directly a distribution as provided in this Section 7.15.18, any distribution the distribution, if made prior to January 1, 2010 2010, is not subject to the direct rollover requirements of Code §Section 401(a)(31) (including Code §Section 401(a)(31)(B)), the notice requirements of Code §Section 402(f) or the mandatory withholding requirements of Code §Section 3405(c)). If a non-spouse beneficiary Beneficiary receives a distribution from the Plan, the distribution is not eligible for a “60-day” day (non-direct) rollover.
Appears in 1 contract
Samples: Employee Stock Ownership Plan and Trust (Southwest Georgia Financial Corp)
Certain Requirements Not Applicable. Although a non-spouse beneficiary may roll over directly a distribution as provided in Section 7.1(a) above, any the distribution made prior to January 1, 2010 is not subject to the direct rollover requirements of Code §401(a)(31) (including Code §401(a)(31)(B), the notice requirements of Code §402(f) or the mandatory withholding requirements of Code §3405(c)). If a non-spouse beneficiary receives a distribution from the Plan, the distribution is not eligible for a “60-day” rollover.
Appears in 1 contract
Certain Requirements Not Applicable. Although a non-spouse beneficiary may roll over directly a distribution as provided in Section 7.1, any distribution made prior to January 1, 2010 is not subject to the direct rollover requirements of Code §401(a)(31) (including Code §401(a)(31)(B), the notice requirements of Code §402(f) or the mandatory withholding requirements of Code §3405(c)). If a non-spouse beneficiary receives a distribution from the Plan, the distribution is not eligible for a “"60-day” " rollover.
Appears in 1 contract
Samples: 401(k) Profit Sharing Plan (Nci Building Systems Inc)
