Examples of Xxxx XXX Contract in a sentence
Your “entire interest” in this Contract includes the amount of any outstanding rollover, transfer and recharacterization under Q&As-7 and -8 of Treasury Regulation Section 1.408-8 or any successor Regulation and, in addition to the dollar amount credited, the actuarial present value of any additional benefits provided under this Xxxx XXX Contract, such as any applicable guaranteed benefits.
We do not offer this Xxxx XXX Contract as an inherited Xxxx XXX contract so we do not accept direct transfer contributions from the Xxxx XXX of a deceased IRA owner, nor do we accept direct rollover contributions from beneficiaries of deceased plan participants in eligible retirement plans.
We do not accept direct transfer contributions from other Xxxx IRAs. We do not offer this Xxxx XXX Contract to fund employer-sponsored “Simplified Employee Pension” (“SEP”) plans described in Section 408(k) of the Code or SIMPLE IRA plans described in Section 408(p) of the Code, so we do not accept contributions under or from those plans.
Except as otherwise indicated in this Section or the Data Pages, a Contribution to this Xxxx XXX Contract must be a direct rollover contribution which is a “qualified rollover contribution” from an eligible retirement plan other than an individual retirement plan as described in Section 408A(e)(1)(B)(ii) of the Code.
For a Xxxx XXX, refer to the Xxxx XXX Contract endorsement instead of the provisions of this section.
Federal tax law may impose additional restrictions on our right to cancel your Traditional IRA or Xxxx XXX Contract.
No contributions to this Xxxx XXX Contract will be accepted under a SIMPLE IRA Plan established by any employer pursuant to Code section 408(p).
Contract Name: City of Xxxxxx Xxxx XXX Contract: 0 Term of Contract: 6/1/19- 5/31/22 Project Code: 654 XXX Xxxxxx/Div: WSB/LMID Page: 5 of 5 Research Data Specialist I $84,960 4.0 0.0023 $195.41 $0 0.0 0.0000 $0.00 $0 Sub-Total 0.0 0.0000 $0.00 4.0 0.0023 (A) $195.41 (B) Personnel Benefits (59.80% of (B)) $116.86 TOTAL PS & PB $312.27 OPERATING EXPENSES & EQUIPMENT (OE&E) Allocated OE&E ((A) multiplied by $11,555 per PY) $26.58 Expense Type Est.
Also, no transfer or rollover of funds to this Xxxx XXX Contract and attributable to contributions made by a particular employer under its SIMPLE IRA Plan will be accepted from a SIMPLE IRA Plan prior to the expiration of the 2-year period beginning on the date the Owner first participated in that employer's SIMPLE IRA Plan.
Contract Name: City of Xxxxxx Xxxx XXX Contract: 0 Term of Contract: 6/1/19- 5/31/22 Project Code: 654 XXX Xxxxxx/Div: WSB/LMID Page: 2 of 5 Research Data Specialist I $82,092 8.7 0.0051 $418.67 $0 0.0 0.0000 $0.00 $0 0.0 0.0000 $0.00 Sub-Total 8.7 0.0051 (A) $418.67 (B) Personnel Benefits (59.63% of (B)) $249.65 TOTAL PS & PB $668.32 OPERATING EXPENSES & EQUIPMENT (OE&E) Allocated OE&E ((A) multiplied by $11,555 per PY) $58.93 Expense Type Est.