Election to Distribute Amounts to Others Sample Clauses

Election to Distribute Amounts to Others. The Sponsor Agreement may provide that, after the Beneficiary’s death, any amounts remaining in the Designated Beneficiary’s account, are to be paid over to such individuals as are named in, or in the manner set forth in, the Sponsor Agreement, subject to any reimbursement of the State of Maine (or any other state which has paid medical assistance benefits on behalf of the beneficiary in an amount equal to the total medical assistance paid) as provided in the sponsor agreement. If more than one state has provided medical assistance to the Designated Beneficiary and there are insufficient funds to fully repay all such states, repayment will be apportioned among such states. Any sums to be paid to any state as required by law shall be paid and a release or certificate shall be obtained from each such state before the Trustees shall make a disbursement of the remainder of the sums to such other individuals as provided in the Sponsor Agreement.
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Election to Distribute Amounts to Others. The Sponsor Agreement may provide that, after the Beneficiary’s death, any amounts remaining in the Designated Beneficiary’s account, are to be paid over to such individuals as are named in, or in the manner set forth in, the Sponsor Agreement, subject to any reimbursement of the State of Maine (or any other state which has paid medical assistance benefits on behalf of the beneficiary in an amount equal to the total medical assistance paid) as provided in the sponsor agreement. If more than one state has provided medical assistance to the Designated Beneficiary and there are insufficient funds to fully repay all such states, repayment will be apportioned among such states. Any sums to be paid to any state as required by law shall be paid and a release or certificate shall be obtained from each such state before the Trustees shall make a disbursement of the remainder of the sums to such other individuals as provided in the Sponsor Agreement. WITNESS TRUSTEES Xxxx Xxxxxxxx Xxxx Xxxx Xxxxx Xxxxxxxx Xxxxx Xxxxxx Xxxx Xxxx STATE OF MAINE YORK, SS DATED: Then personally appeared the above-named, Xxxx Xxxxxxxx, and acknowledged the foregoing instrument as his free act and deed. Before me, Notary Public/Attorney at Law Print name STATE OF MAINE YORK, SS DATED: Then personally appeared the above-named, Xxxx Xxxx, and acknowledged the foregoing instrument as his free act and deed. Before me, Notary Public/Attorney at Law Print name STATE OF MAINE YORK, SS DATED: Then personally appeared the above-named, Xxxxx Xxxxxxxx, and acknowledged the foregoing instrument as her free act and deed. Before me, Notary Public/Attorney at Law Print name STATE OF MAINE YORK, SS DATED: Then personally appeared the above-named, Xxxxx Xxxxxx, and acknowledged the foregoing instrument as his free act and deed. Before me, Notary Public/Attorney at Law Print name STATE OF MAINE YORK, SS DATED: Then personally appeared the above-named, Xxxx Xxxx, and acknowledged the foregoing instrument as his free act and deed. Before me, Notary Public/Attorney at Law Print name THIRD AMENDMENT TO THE MAINE POOLED DISABILITY TRUST This THIRD AMENDMENT TO THE DECLARATION OF TRUST is made this day of , 2007, by the trustees of the Maine Pooled Disability Trust, under trust agreement, dated November 1, 2002, and amended December 19, 2003, and August 5, 2005. This third amendment is made pursuant to Article 13.2 of said Trust Agreement. The Trustees hereby amend the aforementioned Declaration of Trust, which ...
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Related to Election to Distribute Amounts to Others

  • Total Payments to Other Dist & Govt Units Tuition (In State) Payments for Regular Programs ‐ Transfers Payments for Special Education Programs ‐ Transfers Payments for Adult/Continuing Ed Programs ‐ Transfers Payments for CTE Programs ‐ Transfers

  • Total Payments to Other Dist Govt Units (In-State) 87 Payments for Regular Programs - Tuition 88 Payments for Special Education Programs - Tuition 89 Payments for Adult/Continuing Education Programs - Tuition 90 Payments for CTE Programs - Tuition 91 Payments for Community College Programs - Tuition 92 Payments for Other Programs - Tuition 93 Other Payments to In-State Govt Units (Describe & Itemize)

  • When Must Distributions from a Xxxx XXX Begin Unlike Traditional IRAs, there is no requirement that you begin distribution of your account during your lifetime at any particular age.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Reallocation to a Class with a Higher Salary Range Maximum Upon appointment to the higher class, the employee’s base salary will be increased to a step of the range for the new class that is nearest to five percent (5.0%) higher than the amount of the pre-promotional step, or to the entry step of the new range, whichever is higher.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation.

  • Coverage F – Medical Payments To Others We will pay the necessary medical expenses that are incurred or medically ascertained within three years from the date of an accident causing "bodily injury". Medical expenses means reasonable charges for medical, surgical, x-ray, dental, ambulance, hospital, professional nursing, prosthetic devices and funeral services. This coverage does not apply to you or regular residents of your household except "residence employees". As to others, this coverage applies only:

  • Adjustments to Fees Notwithstanding any of the fee limitations set forth in this Article 6, commencing upon the expiration of the first year of this Agreement, and upon the expiration of each year thereafter during the Term, the then-­‐current fees set forth in Section 6.1 and Section 6.3 may be adjusted, at ICANN’s discretion, by a percentage equal to the percentage change, if any, in (i) the Consumer Price Index for All Urban Consumers, U.S. City Average (1982-­‐1984 = 100) published by the United States Department of Labor, Bureau of Labor Statistics, or any successor index (the “CPI”) for the month which is one

  • Treatment of Passthru Payments and Gross Proceeds The Parties are committed to work together, along with Partner Jurisdictions, to develop a practical and effective alternative approach to achieve the policy objectives of foreign passthru payment and gross proceeds withholding that minimizes burden.

  • Can I Roll Over or Transfer Amounts from Other IRAs You are allowed to “roll over” a distribution or transfer your assets from one Xxxx XXX to another without any tax liability. Rollovers between Xxxx IRAs are permitted every 12 months and must be accomplished within 60 days after the distribution. Beginning in 2015, just one 60 day rollover is allowed in any 12 month period, inclusive of all Traditional, Xxxx, SEP, and SIMPLE IRAs owned. If you are single, head of household or married filing jointly, you may convert amounts from another individual retirement plan (such as a Traditional IRA) to a Xxxx XXX, there are no AGI restrictions. Mandatory required minimum distributions from Traditional IRAs, must be removed from the Traditional IRA prior to conversion. Rollover amounts (except to the extent they represent non-deductible contributions) are includable in your income and subject to tax in the year of the conversion, but such amounts are not subject to the 10% penalty tax. However, if an amount rolled over from a Traditional IRA is distributed from the Xxxx XXX before the end of the five-tax-year period that begins with the first day of the tax year in which the rollover is made, a 10% penalty tax will apply. Effective in the tax year 2008, assets may be directly rolled over (converted) from a 401(k) Plan, 403(b) Plan or a governmental 457 Plan to a Xxxx XXX. Subject to the foregoing limits, you may also directly convert a Traditional IRA to a Xxxx XXX with similar tax results. Furthermore, if you have made contributions to a Traditional IRA during the year in excess of the deductible limit, you may convert those non-deductible IRA contributions to contributions to a Xxxx XXX (assuming that you otherwise qualify to make a Xxxx XXX contribution for the year and subject to the contribution limit for a Xxxx XXX). You must report a rollover or conversion from a Traditional IRA to a Xxxx XXX by filing Form 8606 as an attachment to your federal income tax return. Beginning in 2006, you may roll over amounts from a “designated Xxxx XXX account” established under a qualified retirement plan. Xxxx XXX, Xxxx 401(k) or Xxxx 403(b) assets may only be rolled over either to another designated Xxxx Qualified account or to a Xxxx XXX. Upon distribution of employer sponsored plans the participant may roll designated Xxxx assets into a Xxxx XXX but not into a Traditional IRA. In addition, Xxxx assets cannot be rolled into a Profit-Sharing-only plan or pretax deferral-only 401(k) plan. In the event of your death, the designated beneficiary of your Xxxx 401(k) or Xxxx 403(b) Plan may have the opportunity to rollover proceeds from that Plan into a Beneficiary Xxxx XXX account. Strict limitations apply to rollovers, and you should seek competent advice in order to comply with all of the rules governing any type of rollover.

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