Common use of Qualified Domestic Relations Orders Clause in Contracts

Qualified Domestic Relations Orders. Notwithstanding any other provision herein, Custodian may, at the direction of the Employer or the TPA for the Plan, authorize an immediate distribution to any Alternate Payee named under a “qualified domestic relations order” as defined in Section 414(p) of the Code.

Appears in 4 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

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Qualified Domestic Relations Orders. Notwithstanding any other provision herein, Custodian may, at the direction of the Employer or its TPA via Instruction from the TPA for the PlanPlan Provider, authorize an immediate distribution to any an Alternate Payee named under a "qualified domestic relations order" as defined in Section 414(p) of the Code.

Appears in 1 contract

Samples: 403(b)(7) Account Application and Agreement

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