Common use of Distribution of Excess Deferrals Clause in Contracts

Distribution of Excess Deferrals. 🞎 (i) Distribution of Excess Deferrals will be made from Xxxx and Pre-Tax Deferral Accounts in the same proportion that deferrals were allocated to such Accounts for the calendar year. 🞎 (ii) Distribution of Excess Deferrals will be made first from the Xxxx Deferral Account and then from the Pre-Tax Deferral Account. 🞎 (iii) Distribution of Excess Deferrals will be made first from the Pre-Tax Deferral Account and then from the Xxxx Deferral Account.

Appears in 5 contracts

Samples: 403(b) Plan Adoption Agreement, 403(b) Plan Adoption Agreement, Volume Submitter Governmental 403(b) Plan Adoption Agreement

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Distribution of Excess Deferrals. πŸžŽο‚¨ (i) Distribution of Excess Deferrals will be made from Xxxx and Pre-Tax Deferral Accounts in the same proportion that deferrals were allocated to such Accounts for the calendar year. � οΏ½ (ii) Distribution of Excess Deferrals will be made first from the Xxxx Deferral Account and then from the Pre-Tax Deferral Account.  🞎 (iii) Distribution of Excess Deferrals will be made first from the Pre-Tax Deferral Account and then from the Xxxx Deferral Account.

Appears in 1 contract

Samples: Volume Submitter Governmental 403(b) Plan Adoption Agreement

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Distribution of Excess Deferrals. 🞎¨ (i) Distribution of Excess Deferrals will be made from Xxxx and Pre-Tax Deferral Accounts in the same proportion that deferrals were allocated to such Accounts for the calendar year. �¨ � (ii) Distribution of Excess Deferrals will be made first from the Xxxx Deferral Account and then from the Pre-Tax Deferral Account. ¨ 🞎 (iii) Distribution of Excess Deferrals will be made first from the Pre-Tax Deferral Account and then from the Xxxx Deferral Account.

Appears in 1 contract

Samples: Volume Submitter Profit Sharing/401(k) Plan Adoption Agreement (Rayonier Advanced Materials Inc.)

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