Transfer Contribution definition

Transfer Contribution means any amount transferred to the Plan on an Employee’s behalf directly from another qualified plan pursuant to a trust to trust transfer as provided in Section 21.19.

Transfer Contribution means an amount contributed to the Plan pursuant to Section 7.10.

Examples of Transfer Contribution in a sentence

In the event the Employer accepts a Transfer Contribution from a Plan in which the Employee was directing the investments of his or her account, the Employer may continue to permit the Employee to direct his or her investments in accordance with paragraph 13.7 with respect only to such Transfer Contribution.
A Transfer Contribution Account shall be established for each Eligible Employee for whom a Transfer Contribution is made.
However, for all other purposes under the Plan (including without limitation, investment directions and distributions), an individual who makes a Rollover Contribution or for whom a Transfer Contribution has been made shall be treated as a Participant.
An individual who makes a Rollover Contribution to the Trust or has a Transfer Contribution made to the Trust on his or her behalf shall not be eligible to make or receive any other contributions under the Plan until he or she has actually become a Participant and satisfied the eligibility requirements otherwise applicable to such contributions.
Any benefits, rights and features of a Transfer Contribution required to be protected by Code §411(d)(6) must be acceptable to and approved by the Administrator.

Transfer Contribution means a direct transfer of all or any portion of a Participant’s interest under one employer’s 403(b) plan to the 403(b) plan of another employer following a severance from service, provided the transaction meets the requirements of Treas. Reg. Section 1.403(b)-10(b)

Transfer Contribution means amounts transferred to this Plan from another 403(b) plan, which is made in accordance applicable law and Section 3.03 of this Plan.

Transfer Contribution means a non-taxable transfer of a Participant’s benefit directly or indirectly from another qualified plan to this Plan. Transfer Contributions include assets transferred to this Plan from another plan as a result of a merger or similar transaction involving this Plan and the other plan. Any direct or indirect transfer as defined in Code §401(a)(11) of assets from a defined benefit plan, a money purchase plan, a target benefit plan, a stock bonus plan, or a profit sharing plan that provided for a life annuity form of payment to the Participant will be considered a Transfer Contribution. Elective Deferrals (including QNECs, QMACs, and ADP Safe Harbor Contributions) which are transferred to this Plan in a direct or indirect trustee-to-trustee transfer from another qualified plan and which remain subject to the limitations in Regulation §1.401(k)-1(d) will be considered a Transfer Contribution. The assets that are transferred from another qualified plan in a plan-to-plan elective transfer pursuant to Section 11.4 will also be considered a Transfer Contribution.

Transfer Contribution means a contribution made by an Employee pursuant to Section 3.7.

Transfer Contribution means each amount deferred under the Plan pursuant to Provision 5.2.

Transfer Contribution means any amount of money transferred to the Fund from another retirement scheme to the credit of a member; 12