Common use of SIMPLE XXX Limits Clause in Contracts

SIMPLE XXX Limits. No contributions will be accepted under a SIMPLE XXX plan established by any employer pursuant to Code Section 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE XXX plan will be accepted from a SIMPLE XXX, that is, an XXX used in conjunction with a SIMPLE XXX plan, prior to the expiration of the two-year period beginning on the date the employee first participated in that employer’s SIMPLE XXX plan.

Appears in 3 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

AutoNDA by SimpleDocs

SIMPLE XXX Limits. No contributions will be accepted under a SIMPLE XXX plan established by any employer pursuant to Code Section § 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE XXX plan will be accepted from a SIMPLE XXX, that is, an XXX used in conjunction with a SIMPLE XXX plan, prior to the expiration of the two2-year period beginning on the date the employee Depositor first participated in that employer’s 's SIMPLE XXX plan.

Appears in 2 contracts

Samples: Universal Individual Retirement Account Custodial Agreement, Custodial Agreement

SIMPLE XXX Limits. No contributions will be accepted under a SIMPLE ----------------- XXX plan Plan established by any employer pursuant to Code Section 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE XXX plan Plan will be accepted from a SIMPLE XXX, that is, an XXX used in conjunction with a SIMPLE XXX planPlan, prior to the expiration of the two2-year period beginning on the date the employee Owner first participated in that employer’s 's SIMPLE XXX planPlan.

Appears in 1 contract

Samples: Annuity Contract (Metropolitan Life Separate Account E)

AutoNDA by SimpleDocs

SIMPLE XXX Limits. No contributions will be accepted under a SIMPLE XXX plan established by any employer pursuant to Code Section section 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE XXX plan will be accepted from a SIMPLE XXX, that is, an XXX used in conjunction with a SIMPLE XXX plan, prior to the expiration of the two-two (2) year period beginning on the date the employee individual first participated in that employer’s SIMPLE XXX plan.

Appears in 1 contract

Samples: Adoption Agreement (Eureka Financial Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!