Common use of Pre-1987 Account Balance or Bifurcated Account Clause in Contracts

Pre-1987 Account Balance or Bifurcated Account. If the Custodian maintains a record of the Participant's balance as of December 31, 1986 ("the pre-1987 account"). Such pre-1987 account balance will not be required to be distributed until the end of the calendar year in which the Participant attains age 75.

Appears in 2 contracts

Samples: 403(b) Plan Account Application, 403(b) Plan Account Establishment

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Pre-1987 Account Balance or Bifurcated Account. If the Custodian maintains a record of the Participant's ’s balance as of December 31, 1986 ("the pre-1987 account"). Such , such pre-1987 account balance will not be required to be distributed until the end of the calendar year in which the Participant attains age 75.

Appears in 2 contracts

Samples: 403(b)(1)/403(b)(7) Custodial Agreement, 403(b)(1)/403(b)(7) Custodial Agreement

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Pre-1987 Account Balance or Bifurcated Account. If the Custodian maintains a record of the Participant's balance as of December 31, 1986 ("the pre-1987 pre- 1987 account"). Such pre-1987 account balance will not be required to be distributed until the end of the calendar year in which the Participant attains age 75.

Appears in 1 contract

Samples: 403(b)(7) Retirement Plan Custodial Account Agreement

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