Withdrawals and Loans. While participating in the ESP Program, partial withdrawals, loans and surrenders are permitted. A partial withdrawal will reduce the penalty-free allowance provision which might otherwise be available for Customized Payments made later in that year. We may terminate Interest Income Payments if you take a withdrawal and your contract is a non-qualified annuity that is aggregated with another contract for tax purposes under the serial contract rule.
Withdrawals and Loans. Generally, you cannot withdraw or roll over your account balances before you attain age 59 ½, terminate employment, die, or become disabled. Your account balances may be assigned to your alternate payee as ordered by a court under a Qualified Domestic Relations Order (QDRO). Loans and hardship withdrawals, as limited by IRS regulations, are subject to approval if permitted by your 403(b) Plan provisions. Other withdrawals, if permitted under the plan, may also be subject to approval. Tax penalties may apply to distributions before age 59 ½. You are entirely responsible for all loans and withdrawals and any resulting tax liabilities. 5. Salary Reduction Agreement (SRA) Termination: To stop your contributions, you must file a new copy of the SRA with your employer and PlanConnect. If you terminate employment, your SRA terminates automatically after your last check is paid. If you later return to work, you must file a new SRA to resume contributing. Your employer reserves the right to suspend or terminate a participant's SRA if it believes that the participant has over contributed, terminated the account with the elected investment provider, or is in violation of any applicable federal requirement or any term of this agreement. 6.
Withdrawals and Loans. Generally, you cannot withdraw or roll over your TSA account balances before you attain age 59 ½, terminate employment, die, or become disabled. Withdrawals may also be available as ordered by a court under a Qualified Domestic Relations Order (QDRO). Loans, in amounts limited by federal law, are available from authorized UW TSA providers. The TSA provider is responsible for approving loans according to IRS and UW TSA Plan provisions. No more than two loans may be outstanding at any time. Hardship withdrawals are not available. The provider is responsible for determining your eligibility for other withdrawals. Tax penalties may apply to distributions before age 59 ½ – if you terminate employment before reaching age 55. You are entirely responsible for all loans and withdrawals and any resulting tax liabilities.
Withdrawals and Loans. Generally, employees cannot withdraw or roll over their 403(b) account balance before they attain age 59 ½, terminate employment, die, or become disabled. Withdrawals may also be available as ordered by a court under a Qualified Domestic Relations Order (QDRO). Loans, in amounts limited by federal law, are available from selected vendors in the Plan. Loans are only available to current employees. Hardship withdrawals within the safe harbor rules may be available as well. The investment company is responsible for determining participant's eligibility for other withdrawals. Tax penalties may apply to distributions before age 59 ½. Employees are entirely responsible for all loans and withdrawals and any resulting tax liabilities.
Withdrawals and Loans. 45 9.1 WITHDRAWALS FROM VOLUNTARY CONTRIBUTION AND ROLLOVER ACCOUNTS.................................. 45 9.2 WITHDRAWALS FROM DEFERRAL AND INCENTIVE CONTRIBUTION ACCOUNTS.................................. 45 9.3
Withdrawals and Loans. 66 12.1. Withdrawals from Participant Contribution and Rollover Accounts.........................66 12.2. Withdrawals on Account of Hardship......................................................66 12.3. Withdrawals After Reaching Age 59 1/2...................................................67 12.4.
Withdrawals and Loans. 1. In-service distributions are permitted under the Plan after a Participant attains (select one of the below options): [ ] Normal Retirement Age [ ] 70 ½ (“70 ½” is the default provision under the Plan if no selection is made.) [ ] Alternate age (after Normal Retirement Age): [X] Not permitted at any age
Withdrawals and Loans. Generally, you cannot withdraw or roll over your account balances before you attain age 59 ½, terminate employment, die, or become disabled. Your account balances may be assigned to your alternate payee as ordered by a court under a Qualified Domestic Relations Order (QDRO). Loans and hardship withdrawals, as limited by IRS regulations, are subject to approval if permitted by your 403(b) Plan provisions. Other withdrawals, if permitted under the plan, may also be subject to approval. Tax penalties may apply to distributions before age 59 ½. You are entirely responsible for all loans and withdrawals and any resulting tax liabilities.
Withdrawals and Loans. Generally speaking, withdrawals cannot be made under the plan before termination of employment, death, or disability. Withdrawals may also be available in certain hardship situations or as ordered by a court under a Qualified Domestic Relations Order (QDRO). Loans, in amounts limited by federal law, are available. The vendor is responsible for determining eligibility for a loan. Tax penalties may apply to distributions made before age 59½. Employees are entirely responsible for all loans and withdrawals and any resulting tax liabilities.
Withdrawals and Loans. Withdrawals of After-Tax Contributions are always permitted to the extent provided in the Prototype Plan.
