Elective Deferral Accounts Sample Clauses

Elective Deferral Accounts. In-service distributions from Elective Deferral Accounts will be allowed as follows: [Check applicable box(es).]
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Elective Deferral Accounts. In-service distributions from Elective Deferral Accounts will be allowed as follows: [Check applicable box(es).] a. [] STANDARD: No distributions before separation from service. b. [] On or after age 59 1/2 [See (S) 9.2(b)(4).] c. [X] For the following financial hardship(s): [See (S) 9.2(b)(3). Check one or more.] (1) [X] Medical expenses [See (S) 9.2(b)(3)(ii)(A).] (2) [X] Purchase of principal residence [See (S) 9.2(b)(3)(ii)(B).] (3) [X] Tuition [See (S) 9.2(b)(3)(ii)(C).] (4) [X] Foreclosure or eviction [See (S) 9.2(b)(3)(ii)(D).] 21
Elective Deferral Accounts. Iii-service distributions from Elective Deferral Accounts will be allowed as follows: [Check applicable box (es)]. a. [x] STANDARD: no distributions before separation from service. b. [ ] for the following financial hardship (s): [See Section 9.2 (h)(3). Check one or more.] (1) [ ] medical expenses [See Section 9.2 (b)(3)(ii)(A).] (2) [ ] purchase of principal residence [See Section 9.2 (b)(3)(ii)(B).] (3) [ ] tuition [See Section 9.2 (b)(3)(ii)(C).] (4) [ ] foreclosure or eviction [See Section 9.2 (b)(3)(ii)(D).] (5) [ ] other Puerto Rico Department of the Treasury "deemed" .financial hardship [Sec Section 9.2 (b)(3)(ii)(F).] (6) [ ] Others. [Attach appropriate addendum IX.C.1.b(6). 2.

Related to Elective Deferral Accounts

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • Deferral Account 3.1 Establishing and Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • DEFERRAL CONTRIBUTIONS The Advisory Committee will allocate to each Participant's Deferral Contributions Account the amount of Deferral Contributions the Employer makes to the Trust on behalf of the Participant. The Advisory Committee will make this allocation as of the last day of each Plan Year unless, in Adoption Agreement Section 3.04, the Employer elects more frequent allocation dates for salary reduction contributions.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Employer Contributions If Employer contributions are permitted, complete (a) and/or (b). Otherwise complete (c).

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Plan Year Any reference to “

  • Deferred Compensation Account All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

  • Employer Profit Sharing Contributions An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 10 of the Adoption Agreement after completing ________ (enter 0, 1, 2 or any fraction less than 2)

  • Participant Contributions If Participant contributions are permitted, complete (a), (b), and (c). Otherwise complete (d).

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