Five-Year Holding Period Sample Clauses

Five-Year Holding Period. The five-year holding period begins with the earlier of the first year for which you made any regular Xxxx XXX contribution, the first year in which you made a conversion from a traditional XXX to any Xxxx XXX, the first year of a rollover or direct rollover of designated Xxxx account assets to any Xxxx XXX, or the first year of a rollover or direct rollover of ERP assets to any Xxxx XXX, the first year of a qualified distribution repayment to any Xxxx XXX, or the first year of any other contribution treated as a qualified rollover contribution.
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Five-Year Holding Period. The five-year holding period begins with qualified HSA funding distribution election is irrevocable and is the earlier of the first year for which you made any regular Xxxx XXX generally available once in your lifetime. A testing period applies. contribution, the first year in which you made a conversion from a The testing period for this provision begins with the month of the traditional IRA to any Xxxx XXX, the first year of a rollover or direct contribution to your HSA and ends on the last day of the 12th month rollover of designated Xxxx account assets to any Xxxx XXX, the first following such month. If you are not an eligible individual for the year of a rollover or direct rollover of ERP assets to any Xxxx XXX, entire testing period, unless you die or become disabled, the amount the first year of a qualified distribution repayment to any Xxxx XXX, of the distribution made under this provision may be includable in or the first year of any other contribution treated as a qualified gross income for the tax year of the month you are not an eligible rollover contribution. individual, and may be subject to a 10 percent penalty tax.
Five-Year Holding Period. The five-year holding period begins with the earlier of the first year for which you made any regular Xxxx XXX contribution, the first year in which you made a conversion from a traditional IRA to any Xxxx XXX, the first year of a rollover or direct rollover of designated Xxxx account assets to any Xxxx XXX, the first year of a rollover or direct rollover of ERP assets to any Xxxx XXX, the first year of a qualified distribution repayment to any Xxxx XXX, or the first year of any other contribution treated as a qualified rollover contribution. qualified rollover contributions and amounts treated as such on a first in first out basis, and (3) your earnings. All of your assets within a certain type must be removed before you may move on to the next asset type. For each conversion or qualified rollover contribution removed, the originally taxable portion is removed first and the nontaxable portion is removed last.
Five-Year Holding Period. The five-year holding period begins with the earlier of:
Five-Year Holding Period. The five-year holding period begins with the earlier of the first year for which you made any regular Xxxx XXX contribution, the first year in which you made a conversion from a traditional IRA to any Xxxx XXX, the first year of a rollover or direct rollover of designated Xxxx account assets to any Xxxx XXX, the first year of a rollover or direct rollover of ERP assets to any Xxxx XXX, the first year of a qualified distribution repayment to any Xxxx XXX, qualified rollover contributions and amounts treated as such on a first in first out basis, and (3) your earnings. All of your assets within a certain type must be removed before you may move on to the next asset type. For each conversion or qualified rollover contribution removed, the originally taxable portion is removed first and the nontaxable portion is removed last.

Related to Five-Year Holding Period

  • Qualifying Period If a regular employee is promoted or transferred to a position, then that employee shall be considered a qualifying employee in her new position for a period of ninety (90) calendar days. If a regular employee is promoted or transferred to a position either within or outside the certification and is found to be unsatisfactory, she shall be returned to her previously held position. If a regular employee is promoted to a position, either within or outside the certification, and finds the position to be unsatisfactory, she shall be returned to her previously held position.

  • Initial Period The Initial Period will begin on the date set forth above and will terminate on the earlier of (i) the Commercial Operation Date, or (ii) the Date the Agreement is terminated pursuant to the provisions of Clause 19.

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • Anniversary Date A regular employee’s initial date of current employment with the Employer as a regular employee shall be her anniversary date for the purpose of determining benefits and for the purpose of determining increment anniversary date. (Reference Article 6.05 - Superior Benefits and Article 12.03 - Increments).

  • Five Years All full-time employees who have been continuously employed by the Employer for five (5) years shall receive three (3) weeks’ vacation with full pay.

  • Leave Year The leave year begins with the first full payroll period of a calendar year and ends with the payroll period in which December 31st falls.

  • One Year All full-time employees who have been continuously employed by the Employer for one (1) year shall receive one (1) week’s vacation with full pay.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Hire Period The Hire Period shall commence from the time stated in the order confirmation unless the Equipment is collected by the Hirer, in which case the Hire Period shall commence when the Equipment leaves our premises. The Hire Period shall terminate when the goods are received back at our premises.

  • Meal Period A Contractor shall schedule an unpaid period of not more than 1/2 hour duration at the work location between the 3rd and 5th hour of the scheduled shift. A Contractor may, for efficiency of operation, establish a schedule which coordinates the meal periods of two or more crafts. If an employee is required to work through the meal period, the employee shall be compensated in a manner established in the applicable Schedule A.

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