Retirement Plan Rollovers Sample Clauses

Retirement Plan Rollovers. When you leave (or have left) an employer, you have several choices of what to do with your qualified retirement plan such as a 401(k) or 403(b). Each choice has distinct advantages and disadvantages which are discussed here. a. Rollover assets to an IRA managed by yourself or by Sherwood Investments b. Leave assets in your former employer’s plan c. Move assets to your new employer’s plan d. Take a lump sum distribution a. Rollover to an IRA b. Leave assets with your former employer c. Move assets to your new employer d. Take a lump sum distribution

Retirement Plan Rollovers. Upon Grant Tani's request, Holdings shall caus▇ ▇ ▇▇▇▇▇▇▇▇nt plan qualified under Section 401(a) of the Code sponsored by WTC or an Affiliate of WTC to accept rollovers of distributions from the Grant, Tani, Barash & Altman, Inc. Define▇ ▇▇▇▇▇▇▇ ▇la▇ ▇▇▇/or ▇▇▇ ▇▇ant, Tani, Barash & Altman, Inc. 401(k) ▇▇▇▇ (▇▇▇ "G▇▇▇▇ ▇ani ▇▇▇▇▇fied Plans") to participa▇▇▇ ▇▇▇▇▇▇n who, at the time of such distribution, are employed by WTC or an Affiliate of WTC, only if: (a) such distributions are "eligible rollover distributions" within the meaning of Section 401(a)(31) of the Code and (b) prior to any such rollover, Grant Tani has provided to Holdings a cop▇ ▇▇ ▇ ▇▇▇orable determination letter issued by the Internal Revenue Service with respect to the termination of the applicable Grant Tani Qualified Plan.