Notice Requirements For Qualified Joint And Survivor Annuity. In the case of a Qualified Joint and Survivor Annuity, the Plan Administrator shall, no less than 30 days and no more than 90 days prior to the Annuity Starting date, provide each Participant a written explanation of: (a) the terms and conditions of a Qualified Joint and Survivor Annuity; (b) the Participant's right to make and the effect of an election to waive the qualified Joint and Survivor Annuity form of benefit; (c) the rights of a Participant's Spouse; and (d) the right to make, and the effect of, a revocation of a previous election to waive the Qualified Joint and Survivor Annuity.
Appears in 5 contracts
Samples: Adoption Agreement (Westfield Financial Inc), 401(k) Plan Document (Berkshire Hills Bancorp Inc), Profit Sharing Plan (First Keystone Corp)
Notice Requirements For Qualified Joint And Survivor Annuity. In the case of a Qualified Joint and Survivor Annuity, the Plan Administrator shall, no less than 30 days and no more than 90 days prior to the Annuity Starting date, provide each Participant a written explanation of:
(a) the terms and conditions of a Qualified Joint and Survivor Annuity;
(b) the Participant's right to make and the effect of an election to waive the qualified Qualified Joint and Survivor Annuity form of benefit;
(c) the rights of a Participant's Spouse; and
(d) the right to make, and the effect of, a revocation of a previous election to waive the Qualified Joint and Survivor Annuity.
Appears in 4 contracts
Samples: 401(k) Plan Document (East West Bancorp Inc), Adoption Agreement (Professionals Insurance Co Management Group), Adoption Agreement (Shared Technologies Cellular Inc)
Notice Requirements For Qualified Joint And Survivor Annuity. In the case of a Qualified Joint and Survivor Annuity, the Plan Administrator shall, no less than 30 days and no more than 90 days prior to the Annuity Starting date, provide each Participant a written explanation of:
(aA) the terms and conditions of a Qualified Joint and Survivor Annuity;
(bB) the Participant's right to make and the effect of an election to waive the qualified Qualified Joint and Survivor Annuity form of benefit;
(cC) the rights of a Participant's Spouse; and
(dD) the right to make, and the effect of, a revocation of a previous election to waive the Qualified Joint and Survivor Annuity.
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Notice Requirements For Qualified Joint And Survivor Annuity. In the case of a Qualified Joint and Survivor Annuity, the Plan Administrator shall, no less than 30 days and no more than 90 days prior to the Annuity Starting date, provide each Participant a written explanation of:
(a) the terms and conditions of a Qualified Joint and Survivor Annuity;
(b) the Participant's right to make and the effect of an election to waive the qualified Qualified Joint and Survivor Annuity form of benefit;
(c) the rights of a Participant's Participant?s Spouse; and
(d) the right to make, and the effect of, a revocation of a previous election to waive the Qualified Joint and Survivor Annuity.
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