Common use of Restrictions On Immediate Distributions Clause in Contracts

Restrictions On Immediate Distributions. (a) An account balance is immediately distributable if any part of the account balance could be distributed to the Participant (or Surviving Spouse) before the Participant attains (or would have attained if not deceased) the later of the Normal Retirement Age or age sixty-two (62).

Appears in 20 contracts

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

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Restrictions On Immediate Distributions. (a) An account balance is immediately distributable if any part of the account balance could be distributed to the Participant (or Surviving Spouse) before the Participant attains (or would have attained if whether or not deceased) the later of the Normal Retirement Age or age sixty-two (62).

Appears in 5 contracts

Samples: Westfield Financial Inc, First Keystone Corp, Port Financial Corp

Restrictions On Immediate Distributions. (a) An account balance is immediately distributable if any part of the account balance could be distributed to the Participant (or Surviving Spouse) before the Participant attains (or would have attained if not deceased) the later of the Normal Retirement Age or age sixty-two (62).

Appears in 5 contracts

Samples: East West Bancorp Inc, Adoption Agreement (Shared Technologies Cellular Inc), Non Standardized Adoption Agreement (Princeton Review Inc)

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Restrictions On Immediate Distributions. (aA) An account balance is immediately distributable if any part of the account balance could be distributed to the Participant (or Surviving Spouse) before the Participant attains (or would have attained if not deceased) the later of the Normal Retirement Age or age sixty-two (62).

Appears in 1 contract

Samples: Standarized Adoption Agreement (Oregon Trail Financial Corp)

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