Common use of Eligible Retirement Plan Clause in Contracts

Eligible Retirement Plan. Eligible retirement plans include determines it was not eligible to maintain the SIMPLE plan. qualified trusts under IRC Section 401(a), annuity plans under IRC In order for you to avoid a 6 percent excess contribution penalty, Section 403(a), annuity contracts under IRC Section 403(b), and excess contributions may generally be removed with earnings by certain governmental IRC Section 457(b) plans. Common names for your federal income tax-filing due date, including extensions. If you these plans include 401(k), profit sharing, pension, money purchase, timely file your federal income tax return, you may still be able to federal thrift savings, and tax-sheltered annuity plans. remove your excess contribution, plus attributable earnings, as late