Exclusion of Rollovers in Application of Involuntary Cash-out Provisions. If the plan is subject to the joint and survivor annuity rules and includes involuntary cash-out provisions, then unless one of the options below is elected, effective for distributions made after December 31, 2001, rollover contributions will be excluded in determining the value of a participant’s nonforfeitable account balance for purposes of the plan’s involuntary cash-out rules.
Appears in 4 contracts
Samples: Adoption Agreement (Americas Carmart Inc), Adoption Agreement (LSB Bancshares Inc /Nc/), Adoption Agreement (Americas Carmart Inc)
Exclusion of Rollovers in Application of Involuntary Cash-out Provisions. If the plan is subject to the joint and survivor annuity rules and includes involuntary cash-out provisions, then unless one of the options below is elected, effective for distributions made after December 31, 2001, rollover contributions will be excluded in determining the value of a participant’s 's nonforfeitable account balance for purposes of the plan’s 's involuntary cash-out rules.
Appears in 1 contract
Samples: Allegiant Travel CO
Exclusion of Rollovers in Application of Involuntary Cash-out Provisions. If (for profit sharing and 401(k) plans only), if the plan is not subject to the qualified joint and survivor annuity rules and includes involuntary cash-out provisions, then unless one of the options below is elected, effective for distributions made after December 31, 2001, rollover contributions will be excluded in determining the value of a the participant’s 's nonforfeitable account balance for purposes of the plan’s 's involuntary cash-out rules.
Appears in 1 contract
Samples: Allegiant Travel CO