Trust beneficiary. If the Participant's named beneficiary is a trust, the Plan may make a direct rollover to an individual retirement account on behalf of the trust, provided the trust satisfies the requirements to be a designated beneficiary within the meaning of Code §401(a)(9)(E).
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Samples: Adoption Agreement for Eligible Governmental 457 Plan, 401(k) Profit Sharing Plan (Nci Building Systems Inc), Adoption Agreement for Eligible Governmental 457 Plan
Trust beneficiary. If the Participant's ’s named beneficiary is a trust, the Plan may make a direct rollover to an individual retirement account on behalf of the trust, provided the trust satisfies the requirements to be a designated beneficiary within the meaning of Code §401(a)(9)(E).
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Samples: 401(k) Plan Adoption Agreement (Knowles Corp), 401(k) Profit Sharing Plan Adoption Agreement (Simpson Manufacturing Co Inc /Ca/)
Trust beneficiary. If the Participant's ’s named beneficiary is a trust, the Plan may make a direct rollover to an individual retirement account on behalf of the trust, provided the trust satisfies the requirements to be a designated beneficiary within the meaning of Code §§ 401(a)(9)(E).
Appears in 2 contracts
Samples: Single Defined Benefit Plan, Single Defined Benefit Plan
Trust beneficiary. If the Participant's participant’s named beneficiary is a trust, the Plan may make a direct rollover to an individual retirement account on behalf of the trust, provided the trust satisfies the requirements to be a designated beneficiary within the meaning of Code §401(a)(9)(E).
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