IRS Xxxx. Notwithstanding Section 9.1, the Administrator may direct payment from a Participant's or Beneficiary's Account the amount that the Administrator finds is lawfully demanded under a levy issued by the Internal Revenue Service with respect to that Participant or Beneficiary or is sought to be collected by the United States Government under a judgment resulting from an unpaid tax assessment against the Participant or Beneficiary.
Appears in 3 contracts
Samples: Adoption Agreement, Adoption Agreement for 403(b) Plan, Adoption Agreement for 403(b) Plan
IRS Xxxx. Notwithstanding Section 9.1, the Administrator may direct payment pay from a Participant's or Beneficiary's Account Balance the amount that the Administrator finds is lawfully demanded under a levy issued by the Internal Revenue Service with respect to that Participant or Beneficiary or is sought to be collected by the United States Government under a judgment resulting from an unpaid tax assessment against the Participant or Beneficiary.
Appears in 2 contracts
Samples: 403(b) Written Plan Adoption Agreement, 403(b) Retirement Plan Document
IRS Xxxx. Notwithstanding Section 9.110.01, the Administrator may direct payment pay from a Participant's ’s or Beneficiary's ’s Account balance the amount that the Administrator finds is lawfully demanded under a levy issued by the Internal Revenue Service with respect to that Participant or Beneficiary or is sought to be collected by the United States Government under a judgment resulting from an unpaid tax assessment against the Participant or Beneficiary.Beneficiary.
Appears in 1 contract
Samples: 457 Governmental Deferred Compensation Plan and Trust
