Common use of SIMPLE IRA Limits Clause in Contracts

SIMPLE IRA Limits. No Contribution ▇▇all be allowed into the Contract under a SIMPLE IRA Plan established by any ▇▇ployer 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 shall b▇ ▇llowed into the Contract from a SIMPLE IRA prior to the ▇▇piration of the 2-year period beginning on the date the individual Owner first participated in that employer's SIMPLE IRA Plan.

SIMPLE IRA Limits. No Contribution contributions to this ▇▇all ▇▇ ▇▇▇ Contract will be allowed into the Contract accepted under a SIMPLE IRA Plan established by any ▇▇ployer employer pursuant to Code Section section 408(p). Also, no transfer or rollover of funds to this ▇▇▇▇ ▇▇▇ Contract and attributable to contributions made by a particular employer under its SIMPLE IRA Plan shall b▇ ▇llowed into the Contract will be accepted from a SIMPLE IRA Plan prior to the ▇▇piration expiration of the 2-year period beginning on the date the individual Owner first participated in that employer's SIMPLE IRA Plan.