Individual’s Account Balance. The IRA account balance as of December 31 of the calendar year immediately preceding the Distribution Calendar Year. The “value” of the IRA includes the amount of any outstanding rollover, transfer and recharacterization under Q&As-7 and -8 of Regulations Section 1.408-8.
Appears in 7 contracts
Samples: Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc), Prototype Defined Contribution Plan (Old Dominion Freight Line Inc/Va), Prototype Defined Contribution Plan (United Community Bancorp)
Individual’s Account Balance. The IRA account balance as of December 31 of the calendar year immediately preceding the Distribution Calendar Year. The “"value” " of the IRA includes the amount of any outstanding rollover, transfer and recharacterization under Q&As-7 and -8 of Regulations Section 1.408-8.
Appears in 3 contracts
Samples: Prototype Defined Contribution Plan (1st Constitution Bancorp), Prototype Defined Contribution Plan (Wellesley Bancorp, Inc.), Prototype Defined Contribution Plan (Savannah Bancorp Inc)
