Amount of Distribution. A distribution satisfies the requirement of this subsection (i) if the distribution is equal to the amount of Salary Deferrals made pursuant to the automatic deferral election through the effective date of the withdrawal election (as described in subsection (C)) adjusted for allocable gains and losses as of the date of the distribution. The distribution amount determined under this subsection (A) may be reduced by any generally applicable fees. However, the Plan may not charge a greater fee for a permissible distribution under this subsection (i) than applies with respect to other Plan distributions.
Appears in 2 contracts
Sources: Governmental 457(b) Plan Basic Plan Document, Governmental 457(b) Plan Basic Plan Document
Amount of Distribution. A distribution satisfies the requirement of this subsection (iE) if the distribution is equal to the amount of Salary Deferrals made pursuant to the automatic deferral election through the effective date of the withdrawal election (as described in subsection (C)III) below) adjusted for allocable gains and losses as of the date of the distribution. The distribution amount determined under this subsection (AI) may be reduced by any generally applicable fees. However, the Plan may not charge a greater fee for a permissible distribution under this subsection (iE) than applies with respect to other Plan distributions.
Appears in 1 contract
Sources: Governmental Nonstandardized Defined Contribution Plan