Transfer Contributions. [ ] (xi) All of above which are checked, but only to the extent that the Participant is vested in those contributions.
Transfer Contributions. Will Employees be permitted to make transfer contributions to the Plan pursuant to Section 3.04 of the Plan? [X] Yes [ ] No [ ] Yes, but only after becoming a Participant.
Transfer Contributions. (a) The Participant may transfer cash from another custodial account qualified under Section 403(b)(7) of the Code and/or from an annuity contract qualified under Section403(b) of the Code to the Custodial Account if the Participant certifies that the transaction meets the requirement for a tax-free transfer under IRS Revenue Ruling 90-24 and other applicable laws or rulings of the Internal Revenue Service, or is a rollover contribution described in Sections 403(b)(8) or 408(d)(3)(A)(iii) of the Code. Once transferred, such assets shall be treated as a contribution on behalf of such Participant for purposes of this Custodial Agreement and shall be invested, distributed and otherwise dealt with as such. Such transferred fund shall be accounted for separately and continue to be subject to any distribution rules under the prior 403(b)(l) or (7) plan, which were more stringent than the rules contained in this Custodial Account.
Transfer Contributions. If so indicated in the Adoption Agreement, the Trustee (or Custodian, if applicable) may receive any amounts transferred to it from the trustee or custodian of another plan qualified under Code Section 401(a). If it is later determined that all or part of a transfer contribution was ineligible to be transferred into the Plan, the Plan Administrator shall direct that any ineligible amounts, plus earnings attributable thereto, be distributed from the Plan to the Employee as soon as administratively feasible. A separate account shall be maintained by the Plan Administrator for each Employee's transfer contributions which will be nonforfeitable at all times. Such account will share in the income and gains and losses of the Fund in the manner described in Section 4.03 and shall be subject to the Plan's provisions governing distributions. The Employer may, in a uniform and nondiscriminatory manner, only allow Employees who have become Participants in the Plan to make rollover contributions.
Transfer Contributions. Effective January 1, 1987, the following amounts may be transferred to and paid as a contribution under the Contracts for a Participant:
Transfer Contributions. The following amounts may be transferred to and paid as a contribution under the contract for a Participant:
Transfer Contributions. If so indicated in the Adoption Agreement, the Trustee (or Custodian, if applicable) may receive any amounts transferred to it from the trustee or custodian of another plan qualified under Code Section 401(a). If it is later determined that all or part of a transfer contribution was ineligible to be transferred into the Plan, the Plan Administrator shall direct that any ineligible amounts, plus earnings attributable thereto, be distributed from the Plan to the Employee as soon as administratively feasible. A separate account shall be maintained by the Plan Administrator for each Employee's transfer contributions which will be nonforfeitable at all times. Such account will share in the income and gains and losses of the Fund in the manner described in Section 4.03 and shall be subject to the Plan's provisions governing distributions. Notwithstanding any provisions of this Plan to the contrary, to the extent that any optional form of benefit under this Plan permits a distribution prior to the Employee's retirement, death, Disability; or severance from employment, and prior to Plan termination, the optional form of benefit is not available with respect to benefits attributable to assets (including the post-transfer earnings thereon) and liabilities that are transferred, within the meaning of Section 414(1) of the Internal Revenue Code, to this Plan from a money purchase pension plan qualified under Section 401(a) of the Internal Revenue Code (other than any portion of those assets and liabilities attributable to voluntary employee contributions). The Employer may, in a uniform and nondiscriminatory manner, only allow Employees who have become Participants in the Plan to make transfer contributions.
Transfer Contributions. The Trustee, at the written direction of the Plan Administrator, may accept and hold for the Transfer Account of a Participant amounts representing the Participant's vested interest transferred to the Trust by the trustee of another retirement plan qualified under Section 401(a) of the Code. The assets transferred shall be allocated to the Associate's Transfer Account. The Associate does not have to be a Participant in the Plan before the Trustee can allow assets to be transferred to the Plan. This Plan shall not accept any direct or indirect transfers (as that term is defined under Code Section 401(a)(11) and the regulations thereunder) from a defined benefit plan, money purchase plan (including a target benefit plan), stock bonus or profit sharing plan which would otherwise have provided for a life annuity form of payment to the Participant.
Transfer Contributions. Definition
Transfer Contributions. If the Employer so elects in the Adoption Agreement, the Trustee or, if applicable, the Employer may receive any amounts transferred to it from another plan that meet the requirements of Section 1.457-3 through 1.457-10 of the Treasury Regulations and a transfer may be made from this Plan to such a plan. If the Plan is a State Plan, only transfers from another State Plan may be accepted. If the Plan is maintained by a tax-exempt Employer, only transfers from another tax-exempt Employer’s plan may be accepted. Also, if the Plan is a State Plan, transfers may be made to only another State Plan. If the Plan is maintained by a tax-exempt Employer, transfers may be made to only another tax-exempt employer’s plan. Such a transfer from an eligible State Plan to another eligible State Plan is permitted only if the transferor plan provides for transfers, the receiving plan provides for the receipt of transfers, the participant or beneficiary whose amounts deferred are being transferred will have an amount deferred immediately after the transfer at least equal to the amount deferred with respect to that participant or beneficiary immediately before the transfer, and the participant or beneficiary whose amounts are being transferred has had a severance from employment with the transferring employer and is performing services for the entity maintaining the receiving plan. The last such requirement is not required to be satisfied if all of the assets held by the eligible State Plan are transferred, the transfer is to another eligible State Plan maintained by an eligible employer that is a state entity within the same state, and the participants whose deferred amounts are being transferred are not eligible for additional annual deferrals in the receiving plan unless they are performing services for the entity maintaining the receiving plan. The amount so transferred shall be credited to the Participant’s Account Balance and shall be held, accounted for, administered and otherwise treated in the same manner as an Annual Deferral by the Participant under the Plan, except that the transferred amount shall not be considered an Annual Deferral under the Plan in determining the maximum deferral under Section 3.02(A).
