Describe Affected Participants Sample Clauses

Describe Affected Participants. [Note: The Employer in Election 20(b)(1)c. may further describe affected Participants by group name or description, e.g., non-collectively bargained (union) Employees OR Campus A Employees, subject to the Vendor’s operational capabilities. The group of Participants must be definitely determinable and if an EACA under Election 19, must be uniform.]
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Describe Affected Participants. [Note: The Employer in Election 34(b)(1)c. may further describe affected Participants, e.g.
Sample 1
Describe Affected Participants. [Note: The Employer in Election 19(b)(2)e. may further describe affected Participants by group name or description, e.g., non-collectively bargained (union) Employees OR Campus A Employees, subject to the Vendor’s operational capabilities. All Employees eligible to defer must be Covered Employees to apply the 6-month correction period without excise tax under Code §4979. The Plan Administrator may direct the Vendor (subject to its operational capabilities): regarding whether to treat a Salary Reduction Agreement of zero as an effective Salary Reduction Agreement; with respect to the treatment of rehires for purposes of Automatic Deferral Arrangements; with respect to periodic re-enrollments (for example, “Starting on the day of (month) and every years, active Participants who have elected a deferral rate of zero percent shall be automatically enrolled [unless they have elected such zero deferral rate within the last months preceding the re-enrollment date]”); and similar operational choices.) Such directions will be considered administrative documentation.]
Sample 1

Related to Describe Affected Participants

  • Participants The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

  • Eligible Participants Families and individuals experiencing homelessness. For the purposes of the Program, families and individuals are considered to be homeless only when he/she/they lack(s) a fixed, regular and adequate nighttime residence and reside(s) in a place not meant for human habitation, such as cars, parks, sidewalks, abandoned buildings, motels, or other shelters, or for reference as further defined in 24 CFR Part 578.3 and 576.2.

  • Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.

  • SIMPLE Individual Retirement Custodial Account (Under section 408(p) of the Internal Revenue Code) The participant named above is establishing a savings incentive match plan for employees of small employers individual retirement account (SIMPLE IRA) under sections 408(a) and 408(p) to provide for his or her retirement and for the support of his or her beneficiaries after death. The custodian named above has given the participant the disclosure statement required by Regulations section 1.408-6. The participant and the custodian make the following agreement:

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • Broad Participation Retirement Fund A fund established in The Bahamas to provide retirement, disability, or death benefits, or any combination thereof, to beneficiaries that are current or former employees (or persons designated by such employees) of one or more employers in consideration for services rendered, provided that the fund:

  • Benefits of Contractor’s Employees The Contractor understands and agrees that they are solely responsible for shall be liable to all benefits that are provided to their employees, including but not limited to, retirement plans, health insurance, vacation time-off, sick pay, personal leave, or any other benefit provided.

  • Narrow Participation Retirement Fund A fund established in Guernsey to provide retirement, disability, or death benefits to beneficiaries that are current or former employees (or persons designated by such employees) of one or more employers in consideration for services rendered, provided that:

  • Traditional Individual Retirement Custodial Account The following constitutes an agreement establishing an Individual Retirement Account (under Section 408(a) of the Internal Revenue Code) between the depositor and the Custodian.

  • Basic Plan All services are subject to an annual deductible of $50 per person and $100 per family. Preventive services are covered at 100%. After paying the deductible, the plan provides usual, customary, and reasonable (UCR) coverage at 100% for diagnostic and restorative services, and 80% for major services. Orthodontia is not covered.

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