Common use of Deemed IRAs Clause in Contracts

Deemed IRAs. Deemed Individual Retirement Accounts are permitted < ¨ beginning (must be after the later of the Plan’s original effective date or the restatement date) >, subject to the provisions selected below. (check one) ¨ Any Eligible Employee who has become a Participant for Elective Deferral purposes ¨ Any Eligible Employee who has become a Participant for Non-Safe Harbor Matching Contribution purposes ¨ Any Eligible Employee who has become a Participant for Non-Safe Harbor Non-Elective Contribution purposes

Deemed IRAs. Deemed Individual Retirement Accounts are permitted < ¨ beginning (must be after the later of the Plan’s original effective date or the restatement date) >, subject to the provisions selected below. (check one) ¨ Any Eligible Employee who has become a Participant for Elective Deferral purposes ¨ Any Eligible Employee who has become a Participant for Non-Safe Harbor Matching Contribution purposes ¨ Any Eligible Employee who has become a Participant for Non-Safe Harbor Non-Elective Contribution purposespurposes Section 9. ¨ Prevailing Wage Contributions