In-Service Distribution. If the Plan does not otherwise permit an in-service distribution at the time of the In-Plan Xxxx Conversion and this subsection (i) is checked, a Participant may elect to take an in-service distribution solely to pay taxes generated from the In-Plan Xxxx Conversion to the extent such in-service distribution would otherwise be permitted under Section 8.09 of the Plan.
Appears in 6 contracts
Samples: 403(b) Plan Adoption Agreement, 403(b) Plan Adoption Agreement, Volume Submitter Governmental 403(b) Plan Adoption Agreement
In-Service Distribution. If the Plan does not otherwise permit an in-service distribution at the time of the In-Plan Xxxx Conversion and this subsection (i) is checked, a Participant may elect to take an in-service distribution solely to pay taxes generated from the In-Plan Xxxx Conversion to the extent such in-service distribution would otherwise be permitted under Section 8.09 8.10 of the Plan.
Appears in 1 contract
Samples: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement
