Common use of SIMPLE IRA Limits Clause in Contracts

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code Section 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two-year period beginning on the date the employee first participated in that employer’s SIMPLE IRA plan.

Appears in 62 contracts

Sources: Ira Prototype Plan Agreement, Ira Prototype Plan Agreement, Ira Kit Agreement

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code Section § 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two2-year period beginning on the date the employee Depositor first participated in that employer’s 's SIMPLE IRA plan.

Appears in 5 contracts

Sources: Custodial Agreement, Ira Adoption Agreement, Universal Individual Retirement Account Custodial Agreement

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code Section section 408(p)) of the Code. Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two2-year period beginning on the date the employee individual first participated in that employer’s 's SIMPLE IRA plan.

Appears in 2 contracts

Sources: Group Contingent Deferred Annuity Master Contract (Allstate Life Insurance Co), Group Contingent Deferred Annuity Master Contract (Allstate Life Insurance Co)

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code Section 408(p)) of the Code. Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two2-year period beginning on the date the employee you first participated in that employer’s 's SIMPLE IRA plan.

Appears in 2 contracts

Sources: Roth Ira Contract (Separate Acct No 49 of Axa Equitable Life Insurance Co), Roth Ira Endorsement (Separate Acct No 49 of Axa Equitable Life Insurance Co)

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code IRC Section 408(p). Also, no transfer or rollover conversions to a ▇▇▇▇ ▇▇▇ of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two-year period beginning on the date the employee owner first participated in that employer’s SIMPLE IRA plan.

Appears in 1 contract

Sources: Roth Individual Retirement Annuity Endorsement (Tlic Variable Annuity Account A)

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code Section § 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two2-year period beginning on the date the employee Depositor first participated in that employer’s SIMPLE IRA plan.

Appears in 1 contract

Sources: Custodial Agreement

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code Section § 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two2-year period beginning on the date the employee Owner first participated in that employer’s 's SIMPLE IRA plan.

Appears in 1 contract

Sources: Roth Ira Endorsement (SBL Variable Annuity Account Xiv)

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code IRC Section 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two-year period beginning on the date the employee owner first participated in that employer’s SIMPLE IRA plan.

Appears in 1 contract

Sources: Individual Retirement Annuity Endorsement (Tlic Variable Annuity Account A)

SIMPLE IRA Limits. No contributions will be accepted ----------------- under a SIMPLE IRA plan Plan established by any employer pursuant to Code Section 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan Plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA planPlan, prior to the expiration of the two2-year period beginning on the date the employee Owner first participated in that employer’s 's SIMPLE IRA planPlan.

Appears in 1 contract

Sources: Individual Flexible Purchase Payment Deferred Variable Annuity Contract (Metropolitan Life Separate Account E)

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code IRC Section 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two-2 year period beginning on the date the employee Owner first participated in that employer’s 's SIMPLE IRA plan.

Appears in 1 contract

Sources: Rider for Roth Individual Retirement Annuity (Equitable Life Insurance Co of Iowa Separate Account A)

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code Section § 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two2-year period beginning on the date the employee Owner first participated in that employer’s SIMPLE IRA plan.

Appears in 1 contract

Sources: Roth Ira Endorsement (SBL Variable Annuity Account Xiv)

SIMPLE IRA Limits. No contributions Contribution will be accepted under a Code Section 408(p) SIMPLE IRA plan established by any employer pursuant to Code Section 408(p). Alsoa Participant's employer, no with the exception that a transfer or rollover of funds attributable to contributions made by a particular Participant's employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, IRA (an IRA used in conjunction with a SIMPLE IRA plan, prior to ) after the expiration of the two2-year period beginning on the date the employee Participant first participated in that employer’s 's SIMPLE IRA plan.

Appears in 1 contract

Sources: Insurance Contract (Aul American Unit Trust)

SIMPLE IRA Limits. No contributions will be accepted under a SIMPLE IRA plan established by any employer pursuant to Code Section § 408(p). Also, no transfer or rollover of funds attributable to contributions made by a particular employer under its SIMPLE IRA plan will be accepted from a SIMPLE IRA, that is, an IRA used in conjunction with a SIMPLE IRA plan, prior to the expiration of the two-2- year period beginning on the date the employee Depositor first participated in that employer’s 's SIMPLE IRA plan.

Appears in 1 contract

Sources: Custodial Account Agreement for Traditional and Roth Iras