Common use of Successor Organization Clause in Contracts

Successor Organization. If we merge with, purchase, or are taxes, withholding, and penalties. Distributions may be in cash or in acquired by, another organization, such organization, if qualified, kind based on our policies. In-kind distributions will be valued may automatically become the successor custodian or trustee of your according to our policies at the time of the distribution. SIMPLE IRA. IRS FORM 5305-SA INSTRUCTIONS (Rev. 4-2017) General Instructions Contributions to Individual Retirement Specific Instructions Section references are to the Internal Revenue Code unless otherwise noted. Purpose of Form Form 5305-SA is a model custodial account agreement that meets the requirements of sections 408(a) and 408(p). However, only Articles I through VII have been reviewed by the IRS. A SIMPLE individual retirement Arrangements (IRAs); Pub. 590-B, Distributions from Individual Retirement Arrangements (IRAs); and Pub. 560, Retirement Plans for Small Business (SEP, SIMPLE, and Qualified Plans).