Examples of Rollover Contribution in a sentence
An In-Plan Xxxx Rollover Contribution means a Rollover Contribution to the Plan that consists of a distribution or transfer from a Participant's Plan Account, other than a Xxxx Deferral Account, that the Participant transfers to the Participant's In-Plan Xxxx Rollover Contribution Account in the Plan, in accordance with Code §402(c)(4).
The Plan Administrator will administer an In-Plan Xxxx Rollover Contribution Account in accordance with Code and the Plan provisions.
The Employer in its Adoption Agreement in which the Employer has elected to permit Xxxx Deferrals also will elect whether to permit an In-Plan Xxxx Rollover Contribution in accordance with this Section with regard to otherwise distributable amounts and/or otherwise nondistributable amounts.
A direct Rollover Contribution is the transfer of money directly to the Program from another Qualified ABLE Program.
Notwithstanding any other Plan provision, an In-Plan Xxxx Rollover Contribution is not a Rollover Contribution for purposes of the Plan.