Order of Withdrawals. Unless the Participant directs otherwise, withdrawals shall be made: (a) First, from amounts attributable to Voluntary Contributions; (b) Second, from amounts attributable to Rollover Contributions; (c) Third, from amounts attributable to Transfer Contributions; (d) Fourth, from amounts attributable to Elective Deferrals; (e) Fifth, from amounts attributable to Qualified Non-Elective Contributions; (f) Sixth, from amounts attributable to Qualified Matching Contributions; (g) Seventh, from amounts attributable to vested matching Contributions; and (h) Eighth, from amounts attributable to vested Discretionary Contributions.
Appears in 3 contracts
Samples: 401(k) Plan Document (East West Bancorp Inc), Non Standardized Adoption Agreement (Princeton Review Inc), Adoption Agreement (Shared Technologies Cellular Inc)
Order of Withdrawals. Unless the Participant directs otherwise, withdrawals shall be made:
(a) First, from amounts attributable to Voluntary Contributions;
(b) Second, from amounts attributable to Rollover Contributions;
(c) Third, from amounts attributable to Transfer Contributions;
(d) Fourth, from amounts attributable to Elective Deferrals;
(e) Fifth, from amounts attributable to Qualified Non-Elective Contributions;
(f) Sixth, from amounts attributable to Qualified Matching Contributions;
(g) Seventh, . from amounts attributable to vested matching Contributions; and
(h) Eighth, from amounts attributable to vested Discretionary Contributions.
Appears in 1 contract
