Plan Provision Sample Clauses

Plan Provision. Mandatory Cash-out Rule

Plan Provision. Nondiscrimination Testing

Plan Provision. Family Aggregation Employers who adopt this Prototype Plan may not elect to continue to apply the pre-SBJA Family Aggregation rules.

Plan Provision. Combined Plan Limit of Code Section 415(e) Employers who adopt this Prototype Plan may not elect to continue to apply the combined Plan limit of Code Section 415(e) in years beginning after the date the Employer adopts its GUST-related Plan.

Plan Provision. FAMILY AGGREGATION Did the Pre-SBJPA Family Aggregation rules of Code Sections 401(a)(17)(a) and 414(q)(6), both in effect for Plan Years beginning before January 1, 1997, continue to apply for any purpose for Plan Years beginning after 1996? [X] No Section 401(k) Plan AA #010 39 [ ] Yes; explain the application:_________________________________ ______________________________________________________________ ______________________________________________________________ If this rule was subsequently discontinued, indicate when rule no longer applied: ______________________________________________________________ ______________________________________________________________ EMPLOYERS WHO ADOPT THIS PROTOTYPE PLAN MAY NOT ELECT TO CONTINUE TO APPLY THE PRE-SBJA FAMILY AGGREGATION RULES.

Plan Provision. First Plan Year Testing Elections

Plan Provision. FIRST PLAN YEAR TESTING ELECTIONS For a new 401(k) Plan, the Employer could use either the current or prior year testing methods as well as a rule that deems the prior year ADP/ACP to be 3%.

Plan Provision. Distribution Alternatives For Participants Who Are Not A More Than 5% Owner

Plan Provision. Hardship Distributions Treated as Eligible Rollover Distributions

Plan Provision. DISTRIBUTION ALTERNATIVES FOR PARTICIPANTS WHO ARE NOT A MORE THAN 5% OWNER