Common use of In-Service Distribution Clause in Contracts

In-Service Distribution. If the Plan does not otherwise permit an in-service distribution at the time of the In-Plan Xxxx Conversion and this subsection (i) is checked, a Participant may elect to take an in-service distribution solely to pay taxes generated from the In-Plan Xxxx Conversion to the extent such in-service distribution would otherwise be permitted under Section 8.09 of the Plan.

Appears in 4 contracts

Samples: Retirement Trust Plan, www.missouristate.edu, esbpublic.cusd200.org

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In-Service Distribution. If the Plan does not otherwise permit an in-service distribution at the time of the In-Plan Xxxx Conversion and this subsection (i) is checked, a Participant may elect to take an in-service distribution solely to pay taxes generated from the In-Plan Xxxx Conversion to the extent such in-service distribution would otherwise be permitted under Section 8.09 8.10 of the Plan.

Appears in 1 contract

Samples: www.asc-net.com

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