Common use of Participant Rollover Contributions from IRAs Clause in Contracts

Participant Rollover Contributions from IRAs. 1. The Plan will accept a Participant Rollover Contribution of the portion of a distribution from an Individual Retirement Account or Annuity described in Code §408(a) or 408(b) that is eligible to be rolled over and would otherwise be includible in gross income. 2. The Plan will not accept a Participant Rollover Contribution of the portion of a distribution from an Individual Retirement Account or Annuity described in Code Section 408(a) or 408(b) that is eligible to be rolled over and would otherwise be includible in gross income.

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

AutoNDA by SimpleDocs

Participant Rollover Contributions from IRAs. 1. The Plan (X) will ( ) will not accept a Participant Rollover Contribution of the portion of a distribution from an Individual Retirement Account individual retirement account or Annuity annuity described in Code §Section 408(a) or 408(b) of the Code that is eligible to be rolled over and would otherwise be includible in gross income. 2. The Plan will not accept a Participant Rollover Contribution of the portion of a distribution from an Individual Retirement Account or Annuity described in Code Section 408(a) or 408(b) that is eligible to be rolled over and would otherwise be includible in gross income.

Appears in 1 contract

Samples: Egtrra Adoption Agreement Addendum (BioFuel Energy Corp.)

Participant Rollover Contributions from IRAs. 1. The Plan will shall accept a rollover contribution by a Participant Rollover Contribution of the portion of a distribution from an Individual Retirement Account individual retirement account or Annuity annuity described in Code §Section 408(a) or 408(b) of the Code that is eligible to be rolled over and would otherwise be includible in gross income. 2. The Plan will not accept a Participant Rollover Contribution of the portion of a distribution from an Individual Retirement Account or Annuity described in Code Section 408(a) or 408(b) that is eligible to be rolled over and would otherwise be includible in gross income.

Appears in 1 contract

Samples: Savings Plan Agreement

Participant Rollover Contributions from IRAs. 1. The Plan will accept a Participant Rollover Contribution rollover contribution of the portion of a distribution from an Individual Retirement Account individual retirement account or Annuity annuity described in Code §section 408(a) or section 408(b) that is eligible to be rolled over and would otherwise be includible in gross income. 2. The Plan will not accept a Participant Rollover Contribution of the portion of a distribution from an Individual Retirement Account or Annuity described in Code Section 408(a) or 408(b) that is eligible to be rolled over and would otherwise be includible in gross income.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Criimi Mae Inc)

AutoNDA by SimpleDocs

Participant Rollover Contributions from IRAs. 1. The Plan will accept a Participant Rollover Contribution rollover contribution of the portion of a distribution from an Individual Retirement Account individual retirement account or Annuity annuity described in Code §408(a) or §408(b) that is eligible to be rolled over and would otherwise be includible in gross income. 2. The Plan will not accept a Participant Rollover Contribution of the portion of a distribution from an Individual Retirement Account or Annuity described in Code Section 408(a) or 408(b) that is eligible to be rolled over and would otherwise be includible in gross income.

Appears in 1 contract

Samples: 401(k) Plan Agreement (Provident Bancorp Inc/Ny/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!