Payment Form and Medium. The form of payment for an in-service withdrawal shall be a single lump sum and payment shall be made in cash. With regard to the portion of an in-service withdrawal representing an Eligible Rollover Distribution, a Participant may elect a Direct Rollover for all or a portion of such amount.
Appears in 5 contracts
Samples: 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc), Savings Plan Amendment (New Nisource Inc), Savings Plan and Trust Agreement (Hanna M a Co/De)