Common use of Form of Distributions Clause in Contracts

Form of Distributions. The form of distribution shall be determined under the terms of this Agreement and the Plan. If the Plan provides for a mandatory lump sum distribution, then the requirements of Code Section 401(a)(31) (as expressed in the Plan) shall apply to distributions (including automatic rollover requirements for certain mandatory distributions).

Appears in 6 contracts

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

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!