Common use of Direct Xxxx Rollovers From the Plan Clause in Contracts

Direct Xxxx Rollovers From the Plan. Notwithstanding Section 5.5 of the Plan, Participants may only make a direct rollover of a distribution of Xxxx 403(b) Contributions (and earnings thereon) to another 403(b) plan with Xxxx contribution features; to a 401(k) Plan with Xxxx contribution features, or to a Xxxx XXX described in section 408A of the Code, and only to the extent the rollover is permitted under the rules of section 402(c) of the Code.

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

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Direct Xxxx Rollovers From the Plan. Notwithstanding Section 5.5 5.11 of the Plan, Participants may only make a direct rollover of a distribution of Xxxx 403(b457(b) Contributions (and earnings thereon) to another 403(b457(b) plan with Xxxx 457(b) Contribution features, to a Xxxx 401(k) plan with Xxxx contribution features; to a 401(k) Plan with Xxxx contribution features, features or to a Xxxx XXX described in section Section 408A of the Code, and only to the extent the rollover Rollover is permitted under the rules of section 402(c) of the Code.

Appears in 1 contract

Samples: www.sd5.k12.mt.us

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Direct Xxxx Rollovers From the Plan. Notwithstanding Section 5.5 5 of the Plan, Participants may only make a direct rollover of a distribution of Xxxx 403(b) Contributions (and earnings thereon) to another 403(b) plan with Xxxx contribution features; to a 401(k) Plan with Xxxx contribution features, or to a Xxxx XXX described in section 408A of the Code, and only to the extent the rollover is permitted under the rules of section 402(c) of the Code.

Appears in 1 contract

Samples: Adoption Agreement

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