Withdrawals and Distributions Sample Clauses

Withdrawals and Distributions. The right of a Participant to withdraw amounts or to otherwise receive distributions from the XXX selected by the Participant upon commencement of participation in the Plan shall be determined by reference to the terms of such XXX, subject to such rules as may be issued by the Internal Revenue Service relating to excess contributions. Except as provided in the preceding sentence, Employer contributions are not conditioned on the retention in the Plan of any portion of the amount contributed and there is no prohibition imposed on withdrawals from the Plan.
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Withdrawals and Distributions. 37 Section 1
Withdrawals and Distributions. The right of a Participant to withdraw amounts or to otherwise receive distributions from the IRA selected by the Participant uxxx commencement of participation in the Plan shall be determined by reference to the terms of such IRA, subject to such rules as max be issued by the Internal Revenue Service relating to excess contributions. Except as provided in the preceding sentence, Employer contributions are not conditioned on the retention in the Plan of any portion of the amount contributed and there is no prohibition imposed on withdrawals from the Plan.
Withdrawals and Distributions. You may withdraw from your IXX at any time. However, withdrawals before age 59 1/2 may be subject to a 10% penalty tax in addition to regular income taxes (see below). Amounts withdrawn by you are includible in your gross income in the taxable year that you receive them, and are taxable as ordinary income. Lump sum withdrawals from an IXX are not eligible for averaging treatment available to certain lump sum distributions from qualified employer retirement plans. METHODS OF DISTRIBUTION. Assets may be distributed from your IXX according to one or more of the following methods selected by you: o total distribution; o distribution over a specified period o purchase of an annuity contract (See Article IV of your IXX Custodial Agreement for a full description of these distribution methods.)
Withdrawals and Distributions. 5. 01Withdrawals (a) A Member may withdraw from the Company in accordance with the provisions of this Agreement or make a withdrawal from its Capital Account upon notice to the Manager(s). Upon withdrawal by a Member, the Manager shall have a reasonable period of time in which to distribute the Member's final capital account. All Distributions of cash and other Company assets that are provided for in this Agreement shall be made only to Persons who, according to the books and records of the Company, are holders of records of Interest in the Company on the date determined by the Manager as of which the Members are entitled to any such distributions. (b) The Manager may require a Member to withdraw all or any amount of the value of the Member's Capital Account if the Manager reasonably deems it necessary to do so to comply with anti-money laundering or other laws and regulations applicable to the Company, the Manager, the Members, or any of the Company's service providers, or to avoid a material adverse impact on the Company or the other investors in the Company. In such event, the Manager shall give not less than five days' written notice to the Member specifying the date of withdrawal. As soon as practicable thereafter, the withdrawing Member shall receive the balance of the value in such Member's Capital Account, subject to all appropriate adjustments pursuant to the provisions of this Agreement.
Withdrawals and Distributions. Notwithstanding any other provisions to the contrary, a Participant's Section 401(k) Account shall not be withdrawn or distributed earlier than one of the following:
Withdrawals and Distributions. 32 ARTICLE VIII LOAN PROGRAM................................................ 41 ARTICLE IX ADMINISTRATION OF PLAN AND ALLOCATION OF RESPONSIBILITIES... 46
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Withdrawals and Distributions. Withdrawals and distributions from IRS Section 401(a) accounts and VEBA 501(c) (9) accounts are subject to the rules and regulations established by the IRS.
Withdrawals and Distributions. 8.1 Withdrawals from Section 401(k)
Withdrawals and Distributions. 31 Section 7.1
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