Common use of Reporting Duties Clause in Contracts

Reporting Duties. The Trustee or Insurer of a Xxxx XXX shall furnish annual calendar year reports concerning the status of the account as well as information concerning required minimum distributions as is prescribed by the Commissioner of Internal Revenue. The Trustee or Insurer, as applicable, shall be subject to the reporting requirements of Code Section 408(i) with respect to all Deemed IRAs that are established and maintained under the Plan.

Appears in 5 contracts

Samples: Prototype Defined Contribution Plan (Wellesley Bancorp, Inc.), Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc), Prototype Defined Contribution Plan (Old Dominion Freight Line Inc/Va)

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Reporting Duties. The Trustee or Insurer of a Xxxx Rxxx XXX shall furnish annual calendar year reports concerning the status of the account as well as information concerning required minimum distributions as is prescribed by the Commissioner of Internal Revenue. The Trustee or Insurer, as applicable, shall be subject to the reporting requirements of Code Section 408(i) with respect to all Deemed IRAs that are established and maintained under the Plan.

Appears in 1 contract

Samples: Prototype Defined Contribution Plan (Savannah Bancorp Inc)

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Reporting Duties. The Trustee or Insurer of a Xxxx XXX shall furnish annual calendar year reports concerning the status of the account as well as and such information concerning required minimum distributions as is prescribed by the Commissioner of Internal Revenuerevenue. The Trustee or Insurer, issuer as applicable, applicable shall be subject to the reporting requirements of Code Section 408(i) with respect to all Deemed IRAs that are established and maintained under the Plan.

Appears in 1 contract

Samples: Prototype Defined Contribution Plan (1st Constitution Bancorp)

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