DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option This Section applies to distributions made on or after January 1, 1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a distributee's election under this Section, a distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.
Appears in 7 contracts
Samples: Qualified Retirement Plan (Teardrop Golf Co), Qualified Retirement Plan and Trust Defined (Alaska Pacific Bancshares Inc), Qualified Retirement Plan and Trust (Cornell Corrections Inc)
DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option This Section applies to distributions made on or after January 1, . 1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a distributee's election under this Section, a distributee may elect, at the time and in the manner prescribed practiced by the Plan Administrator, to have any portion of an eligible rollover distribution distributed that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.
Appears in 2 contracts
DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option DIRECT ROLLOVER OPTION This Section applies to distributions made on or after January 1, 1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a distributee's election under this Section, a distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.
Appears in 2 contracts
Samples: Edutrek Int Inc, Bradford Funds Inc
DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option This Section applies to distributions made on or after January 1, 1993Jamary 1,1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit limlt a distributee's election distrlbutee's'election under this Section, a distributee may elect, at the time and in the manner prescribed by the Plan AdministratorAdmi~tor, to have any portion of an eligible rollover distribution that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.,
Appears in 1 contract
Samples: Weststar Financial Services Corp
DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option - This Section applies to distributions made on or after January 1, 1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a distributee's election under this Section, a distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.
Appears in 1 contract
Samples: New England Funds Trust I