Xxxx XXX Contributions. (a) Except in the case of a Qualified Rollover Contribution or a recharacterization [as defined in (f) below], no contribution will be accepted unless it is in cash and the total of such contribution to all the Individual’s Xxxx IRAs for a taxable year does not exceed the Maximum Permissible Amount described at paragraph 19.9.
Appears in 6 contracts
Samples: Prototype Defined Contribution Plan (1st Constitution Bancorp), Prototype Defined Contribution Plan (Wellesley Bancorp, Inc.), Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc)
Xxxx XXX Contributions. (a) Except in the case of a Qualified Rollover Contribution or a recharacterization [as defined in (f) below], no contribution will be accepted unless it is in cash and the total of such contribution to all the Individual’s Xxxx IRAs for a taxable year does not exceed the Maximum Permissible Amount described at paragraph 19.920.9.
Appears in 2 contracts
Samples: Prototype Defined Contribution Plan (United Community Bancorp), Prototype Defined Contribution Plan (FNB United Corp.)
