Common use of In-Service Distributions Clause in Contracts

In-Service Distributions. Section 2.5.6 provides that an Employer may permit distributions to fully vested Participants over the age of 59-1/2 prior to termination of employment if the amounts withdrawn have been allocated to the Participant for two (2) or more years or the Participant has been a Participant for at least five (5) years. (Select all applicable)

In-Service Distributions. Section 2.5.6 provides that an Employer may permit distributions to fully vested Participants over the age of 59-1/2 prior to termination of employment if the amounts withdrawn have been allocated to the Participant for two (2) or more years or the Participant has been a Participant for at least five (5) years. (Select all applicable)the

In-Service Distributions. Section 2.5.6 provides that an Employer may permit distributions to fully vested Participants over the age of 59-1/2 prior to termination of employment if the amounts withdrawn have been allocated to the Participant for two (2) or more years or the Participant has been a Participant for at least five (5) years. (Select all applicable) ( ) a. Plan Provision. ( ) b. Require that amounts have been allocated for ____ years. (Must be at least 2) ( ) c. Require participation for at least ____ years. (Must be at least 5) ( )

In-Service Distributions. Section 2.5.6 provides that an Employer may permit distributions to fully vested Participants over the age of 59-1/2 591/2 prior to termination of employment if the amounts withdrawn have been allocated to the Participant for two (2) or more years or the Participant has been a Participant for at least five (5) years. (Select all applicable) ( ) a. Plan Provision. ( ) b. Require that amounts have been allocated for years. (Must be at least 2) ( ) c. Require participation for at least years. (Must be at least 5)