Common use of Direct Rollovers Clause in Contracts

Direct Rollovers. (a) Notwithstanding any provision of this Agreement to the contrary that would otherwise limit a distributee's election under this section, a distributee may elect, at the time and in the manner prescribed by the Custodian, to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in a direct rollover.

Appears in 9 contracts

Samples: madisonfunds.com, selectedfunds.com, www.highlandfunds.com

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Direct Rollovers. (a) Notwithstanding any provision of this Agreement the Plan to the contrary that would otherwise limit a distributee's Distributee’s election under this sectionSection 6.4, a distributee Distributee may elect, at the time and in the manner prescribed by the CustodianPlan Administrator, to have any portion of an eligible rollover distribution Eligible Rollover Distribution paid directly to an eligible retirement plan Eligible Retirement Plan specified by the distributee Distributee in a direct rolloverDirect Rollover. A Direct Rollover is a payment by the Plan to the Eligible Retirement Plan specified by the Distributee.

Appears in 3 contracts

Samples: Non Standardized (Atlas America Inc), Contribution Plan and Trust (Triad Guaranty Inc), Comstock Resources Inc

Direct Rollovers. (a) Notwithstanding any provision of this Agreement to the contrary that would otherwise limit a distributee's ’s election under this sectionArticle, a distributee may elect, elect at the any time and in the manner prescribed by the Custodian, to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in a direct rollover.

Appears in 2 contracts

Samples: Custodial Account Agreement, Sharing Agreement

Direct Rollovers. (a) Notwithstanding any provision of this Agreement Custodial Account or the Employer’s 403(b) Plan to the contrary that would otherwise limit a distributee's ’s election under this section, a distributee Distributee may elect, at the time and in the manner prescribed by the CustodianSponsor, to have any portion of an eligible rollover distribution Eligible Rollover Distribution paid directly to an eligible retirement plan Eligible Retirement Plan specified by the distributee Distributee in a direct rollover.

Appears in 2 contracts

Samples: Custodial Agreement, Custodial Agreement

Direct Rollovers. (a) Notwithstanding any provision of this Agreement the Plan to the contrary that would otherwise limit a distributeeDistributee's election under this sectionSection, a distributee Distributee may elect, at the time and in the manner prescribed by the CustodianPlan Administrator, to have any portion of an eligible rollover distribution Eligible Rollover Distribution paid directly to an eligible retirement plan Eligible Retirement Plan specified by the distributee Distributee in a direct rolloverDirect Rollover.

Appears in 1 contract

Samples: Integra Bank Corp

Direct Rollovers. (a) Notwithstanding any provision of this Agreement to the contrary that would otherwise oth- erwise limit a distributee's ’s election under this section, a distributee may elect, at the time and in the manner prescribed by the Custodian, to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified speci- fied by the distributee in a direct rollover.

Appears in 1 contract

Samples: financialprofessional.riversource.com

Direct Rollovers. (a) Notwithstanding any provision of this Agreement the Plan to the contrary that would otherwise limit a distributee's ’s election under this sectionparagraph 3.12, a distributee may elect, at the time and in the manner prescribed by the CustodianCommittee, to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in a direct rollover.

Appears in 1 contract

Samples: Agreement

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Direct Rollovers. (a) Notwithstanding any provision of this Agreement to the contrary that would otherwise limit a distributee's ’s election under this section, a distributee may elect, at the time and in the manner prescribed by the Custodian, to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in a direct rollover.

Appears in 1 contract

Samples: Custodial Agreement

Direct Rollovers. (a) Notwithstanding any contrary provision of this Agreement to the contrary that would otherwise limit a distributee's Distributee’s election under this sectionSection, a distributee Distributee may elect, at the time and in the manner prescribed by the CustodianRecordkeeper, to have any portion of an eligible rollover distribution Eligible Rollover Distribution paid directly to an eligible retirement plan Eligible Retirement Plan specified by the distributee Distributee in a direct rolloverDirect Rollover.

Appears in 1 contract

Samples: origin-www-st4.test.tiaa.org

Direct Rollovers. (a) Notwithstanding any provision of this Agreement to the contrary that would otherwise limit a distributee's ’s election under this section, subject to the approval of the Employer or its designee, a distributee may elect, at the time and in the manner prescribed by the CustodianCustodian and fund transfer agent, to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in a direct rollover.. For the purpose of this section, the following definitions apply:

Appears in 1 contract

Samples: Program Custodial Agreement

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