Direction by Participant. All contributions to the Participant’s SIMPLE IRA under the Plan and assets in such SIMPLE IRA shall be invested in accordance with specific instructions given by the Participant (or the person designated by such Participant on a signed form acceptable to and filed with the Custodian to make investment decisions on behalf of the Participant (the “Authorized Agent”)) (or, following the death of the Participant, his or her beneficiary, executor or administrator) to the Custodian in a form and manner acceptable to the Custodian. An investment medium must be approved by the Employer in order to be available under the Plan. Notwithstanding the above, the Custodian reserves the right to refuse to accept or hold any specific asset.
Appears in 4 contracts
Samples: Simple Ira Plan Agreement, Simple Ira Plan Agreement, Simple Ira Plan Agreement
