Distributing Plan definition

Distributing Plan means an Eligible Retirement Plan that is designated to distribute a direct rollover or send a Trustee-to-Trustee Transfer to another eligible plan (recipient plan).
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Distributing Plan means (i) a plan described in Section 401(a) of the Code and exempt from tax under section 501(a) of the Code; (ii) a qualified
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Distributing Plan means (i) a plan described in Section 401(a) of the Code and exempt from tax under section 501(a) of the Code; (ii) a qualified plan described in Section 403(a) of the Code (including after-tax employee contributions); (iii) an annuity contract described in Section 403(b) of the Code;
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Examples of Distributing Plan in a sentence

  • To the extent the Distributing Plan was subject to the requirements of Code sections 401(a)(11) and 417, such requirements shall continue to apply to the transferred amount.

  • To the extent determined by the Administrator to be required under section 411(d)(6) of the Code, an Eligible Employee for whom a Transfer Contribution Account is maintained shall be entitled to distributions and withdrawals from such Account under provisions not less restrictive than applied under the Distributing Plan.

  • Subject to such restrictions and procedures as the Administrator may prescribe (which, without limitation, may include restrictions as to the type of plan from which transfers will be permitted), amounts held for the benefit of an Eligible Employee under a Distributing Plan may be transferred (the "Transfer Contribution") directly by the Distributing Plan to this Plan in accordance with the requirements of section 414(l) of the Code and the Regulations thereunder.

  • Subject to such restrictions and procedures as the Administrator may prescribe (which, without limitation, may include restrictions as to the type of plan from which transfers will be permitted), amounts held for the benefit of an Eligible Employee under a Distributing Plan may be transferred (the “Transfer Contribution”) directly by the Distributing Plan to this Plan in accordance with the requirements of section 414(l) of the Code and the Regulations thereunder.

  • Check here if you are directly rolling over from an employer-sponsored retirement plan with a Fidelity Investments entity.Provide the following information: Name of Distributing Plan You must contact the plan administrator prior to the distribution by calling the plan’s toll-free number.

  • Distributing Plan Type (Select One): Qualified Plan under IRC Sec.

  • The name of the Bank Money Market Account is Premium Money Market Account.Account Limitations – Additional contributions to your Account, with the exception of those from rollovers of residual funds from the same Distributing Plan that established the Account, are prohibited.

  • The only contributions permitted to be made to the Account are the contribution or contributions made by the Distributing Plan that established the Trust Account on the Grantor’s behalf.

  • You will be provided with an annual account statement to be mailed to the address on file with Bancorp as provided by the plan sponsor or administrator of the Distributing Plan at the time of establishment of your Account.

  • The Account was established on your behalf with a contribution of all or a portion of your vested benefit from your former employer’s eligible retirement plan or small balance of a terminated plan by the Distributing Plan pursuant to the provisions of Section 657(c) of the Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”), and the final regulations issued thereunder by the Department of Labor on September 28, 2004.


More Definitions of Distributing Plan

Distributing Plan means (i) a plan described in Section 401(a) of the Code and exempt from tax under section 501(a) of the Code; (ii) a qualified plan described in Section 403(a) of the Code (including after-tax employee contributions); (iii) an annuity contract described in Section 403(b) of the Code; (iv) an eligible plan under Section 457(b) of the Code which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state; or (v) an individual retirement account or annuity described in Section 408(a) or 408(b) of the Code that is eligible to be rolled over and would otherwise be includible in gross income.
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Related to Distributing Plan

  • Distribution means a distribution payable to Holders of Securities in accordance with Section 5.1.

  • Distribution Plan means any plan or formula of allocation of the Net Settlement Fund, to be approved by the Court, upon notice to the Class as may be required, whereby the Net Settlement Fund shall in the future be distributed to Authorized Claimants.

  • Power Transfer Distribution Factor or “PTDF” shall mean a measure of the responsiveness or change in electrical loadings on Transmission Facilities due to a change in electric power transfer from one area to another, expressed in percent (up to 100%) of the change in power transfer in the pre-contingency configuration of a system under study.

  • Tax Distribution has the meaning set forth in Section 4.4.

  • Final Distribution means any distribution made in redemption of all or a portion of the Up-MACRO Tradeable Shares pursuant to Section 5.2(b) on the earlier of the Final Scheduled Termination Date or an Early Termination Date.

  • Final Distributions means, with respect to the Certificates of any Trust on any Distribution Date, the sum of (x) the aggregate amount of all accrued and unpaid interest on such Certificates (excluding interest, if any, payable with respect to the Deposits relating to such Trust) and (y) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (less the amount of the Deposits for such Class of Certificates as of such preceding Distribution Date other than any portion of such Deposits thereafter used to acquire Equipment Notes pursuant to the Note Purchase Agreement). For purposes of calculating Final Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest on the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Final Distributions.

  • Distribution Protocol means the plan for distributing the Settlement Amount and accrued interest, in whole or in part, as approved by the Courts.

  • Intermediate Distribution Frame (IDF means a second frame that augments an existing Main Distribution Frame. Lines or outside cables that do not terminate on the IDF.

  • Distribution Calendar Year means the calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death, the first distribution calendar year is the calendar year immediately preceding the calendar year which contains the Participant’s required beginning date. The required minimum distribution for the Participant’s first distribution calendar year will be made on or before the Participant’s required beginning date. The required minimum distribution for other distribution calendar years, including the required minimum distribution for the distribution calendar year in which the Participant’s required beginning date occurs, will be made on or before December 31 of that distribution calendar year.

  • Distribution Utility means the local electric distribution owner and operator providing electric distribution and interconnection services to Purchaser at the Premises;

  • Main Distribution Frame (MDF) means the termination frame for outside facility and inter-exchange office equipment at the CO.

  • NERC Interchange Distribution Calculator means the NERC mechanism that is in effect and being used to calculate the distribution of energy, over specific transmission interfaces, from energy transactions.

  • Distribution Upgrades has the meaning set forth in the CAISO Tariff.

  • Upper-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Upper-Tier REMIC.

  • Main Distribution Frame (MDF) is termination frame for outside facility and inter-exchange office equipment at the central office for DS-0 and DSL services.

  • Tax Distributions has the meaning set forth in Section 4.01(b)(i).

  • Distribution main means the portion of any main with which a service line is, or is intended to be, immediately connected;

  • Distribution Tariff means the Distribution Tariff prepared by the Company and approved by the Commission on an interim or final basis, as the case may be;

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Distribution box means a watertight component that receives effluent from a septic tank or other treatment unit and distributes effluent via gravity in approximately equal portions to two or more distribution laterals in the soil treatment area.

  • Capital Account Distribution Date and "Income Account Distribution Date" shall mean the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • Qualified Reservist Distribution means a distribution (i) from an IRA or elective deferrals under a section 401(k) or 403(b) plan, or a similar arrangement, (ii) to an individual ordered or called to active duty after September 11, 2001 (because he or she is a member of a reserve component) for a period of more than 179 days or for an indefinite period, and (iii) made during the period beginning on the date of the order or call and ending at the close of the active duty period.

  • Lower-Tier Distribution Amount As defined in Section 5.02(a).

  • Distribution Date Statement As defined in Section 4.02(a).

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • Notice of Final Distribution The notice to be provided pursuant to Section 9.02 to the effect that final distribution on any of the Certificates shall be made only upon presentation and surrender thereof.