Common use of EXCLUSION OF ROLLOVERS Clause in Contracts

EXCLUSION OF ROLLOVERS. If rollovers are excluded in determining whether the mandatory distribution threshold (e.g., $5,000) is met for the timing of distributions, form of distributions, or consent rules, then such provision is effective for distributions made after December 31, 2001, unless an alternative effective date is selected below (leave blank if not applicable): a. [ ] Rollover contributions will be excluded only with respect to distributions made after . (Enter a date no earlier than December 31, 2001 or the Plan's initial Effective Date if later.) b. [ ] Rollover contributions will only be excluded with respect to Participants who separated from service after

Appears in 7 contracts

Samples: Adoption Agreement for Volume Submitter 401(k) Profit Sharing Plan, Adoption Agreement, Adoption Agreement

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EXCLUSION OF ROLLOVERS. If rollovers are excluded in determining whether the mandatory distribution threshold (e.g., $5,000) is met for the timing of distributions, form of distributions, or consent rules, then such provision is effective for distributions made after December 31, 2001, unless an alternative effective date is selected below (leave blank if not applicable): a. [ ] Rollover contributions will be excluded only with respect to distributions made after . (Enter a date no earlier than December 31, 2001 or the Plan's initial Effective Date if later.) b. [ ] Rollover contributions will only be excluded with respect to Participants who separated from service afterafter . (Enter a date. The date may be earlier than December 31, 2001.)

Appears in 1 contract

Samples: Adoption Agreement (American Physicians Service Group Inc)

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