Common use of TIMING OF DISTRIBUTIONS UPON TERMINATION OF EMPLOYMENT Clause in Contracts

TIMING OF DISTRIBUTIONS UPON TERMINATION OF EMPLOYMENT. Distribution of vested Account Balances exceeding $5,000. A Participant who terminates employment with a vested Account Balance exceeding $5,000 may receive a distribution of his/her vested Account Balance in any form permitted under AA §9-1 within a reasonable period following: 🗹 (1) the date the Participant terminates employment.

Appears in 6 contracts

Samples: 403(b) Plan Adoption Agreement, 403(b) Plan Adoption Agreement, Volume Submitter Governmental 403(b) Plan Adoption Agreement

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TIMING OF DISTRIBUTIONS UPON TERMINATION OF EMPLOYMENT. (a) Distribution of vested Account Balances exceeding $5,000. A Participant who terminates employment with a vested Account Balance exceeding $5,000 may receive a distribution of his/her vested Account Balance in any form permitted under AA §9-1 within a reasonable period following: 🗹 (1) the date the Participant terminates employment.

Appears in 3 contracts

Samples: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement, 401(k) Plan Adoption Agreement, Volume Submitter Money Purchase Plan Adoption Agreement

TIMING OF DISTRIBUTIONS UPON TERMINATION OF EMPLOYMENT. Distribution of vested Account Balances exceeding $5,000. A Participant who terminates employment with a vested Account Balance exceeding $5,000 may receive a distribution of his/her vested Account Balance in any form permitted under AA §9-1 within a reasonable period following: 🗹 (1) the date the Participant terminates employment:.

Appears in 1 contract

Samples: Volume Submitter Governmental 403(b) Plan Adoption Agreement

TIMING OF DISTRIBUTIONS UPON TERMINATION OF EMPLOYMENT. (a) Distribution of vested Account Balances exceeding $5,000. A Participant who terminates employment with a vested Account Balance exceeding $5,000 may receive a distribution of his/her vested Account Balance in any form permitted under AA §9-1 within a reasonable period following: 🗹:  (1) the date the Participant terminates employment (2) the last day of the Plan Year during which the Participant terminates employment.  (3) the first Valuation Date following the Participant's termination of employment..

Appears in 1 contract

Samples: Pension Plan Adoption Agreement

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TIMING OF DISTRIBUTIONS UPON TERMINATION OF EMPLOYMENT. (a) Distribution of vested Account Balances exceeding $5,000. A Participant who terminates employment with a vested Account Balance exceeding $5,000 may receive a distribution of his/her vested Account Balance in any form permitted under AA §9-1 within a reasonable period following: 🗹 (1) the date the Participant terminates employment.

Appears in 1 contract

Samples: Volume Submitter Money Purchase Plan Adoption Agreement

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