Common use of Distributions Under a Qualified Domestic Relations Order Clause in Contracts

Distributions Under a Qualified Domestic Relations Order. The Custodian will distribute all or a portion of a Participant’s Account to an Alternate Payee under a Qualified Domestic Relations Order that satisfies the requirements of Code Section 414(p). The Administrator shall be solely responsible for determining whether a Qualified Domestic Relations Order satisfies the requirements of Code Section 414(p).

Appears in 4 contracts

Samples: 403(b)(7) Custodial Account Agreement, Custodial Account Agreement, 403(b)(7) Custodial Account Agreement

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Distributions Under a Qualified Domestic Relations Order. The Custodian will distribute all or a portion of a Participant’s Account to an Alternate Payee under a Qualified Domestic Relations Order that satisfies the requirements of Code Section 414(p). The Administrator shall be solely responsible for determining whether a Qualified Domestic Relations Order satisfies the requirements of Code Section 414(p).. Article V‌

Appears in 1 contract

Samples: Custodial Account Agreement

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