Yes Sample Clauses

Yes. Years experience in category of goods or services Company years experience in this category of goods or services? This is an evaluation criterion worth a maximum of 10 points. See RFP for more information. 0 (If applicable, Vendor should add all Authorized Resellers within the TIPS Vendor Portal upon award). EXAMPLE: BIGmart is a reseller of ACME brand televisions. If ACME were a TIPS awarded vendor, then ACME would list BIGmart as a reseller.
Yes. If you die before receiving the balance of your IRA, distribution of your remaining account balance is subject to the following rules. If your spouse is not the beneficiary, then your remaining interest may either (i) be distributed by December 31 of the year containing the fifth anniversary of your death, or (ii) begin to be distributed by December 31 of the year following your death over a period not exceeding the life expectancy or expectancies of your designated beneficiary or beneficiaries. The minimum amount that must be distributed under (ii) is the account value at the close of business on December 31 of the preceding year divided by the life expectancy of the designated beneficiary using the age of the beneficiary in the year following the year of the depositor’s death and subtracting one from the divisor for each subsequent year. Two additional distribution options are available if your spouse is the beneficiary: (i) payments to your spouse may commence as late as December 31 of the year you would have attained age 70½ and be distributed over a period not exceeding the life expectancy of your spouse, or (ii) your spouse can simply elect to treat your Roth IRA as his or her own.
Yes. 2 CFR PART 200 Contract Cost & Price For contracts more than the simplified acquisition threshold currently set at $250,000, a TIPS Member may, in very rare circumstances, be required to negotiate profit as a separate element of the price pursuant to 2 C.F.R. 200.324(b). Under those circumstances, Vendor agrees to provide information and negotiate with the TIPS Member regarding profit as a separate element of the price. However, Vendor certifies that the total price charged by the Vendor shall not exceed the Vendor’s TIPS pricing and pricing terms proposed. Does Vendor Agree? Yes
Yes. Years experience in category of goods or services Company years experience in this category of goods or services? This is an evaluation criterion worth a maximum of 10 points. See RFP for more information. Resellers: Does the vendor have resellers that it will name under this contract? Resellers are defined as other companies that sell your products under an agreement with you, the awarded vendor of TIPS. EXAMPLE: BIGmart is a reseller of ACME brand televisions. If ACME were a TIPS awarded vendor, then ACME would list BIGmart as a reseller. (If applicable, Vendor should add all Authorized Resellers within the TIPS Vendor Portal upon award). No Pricing discount percentage are guaranteed for? Does the vendor agrees to honor the proposed pricing discount percentage off regular catalog (as defined in the RFP document), website, store or shelf pricing for the term of the award? YES
Yes. It must provide you with a disclosure statement which contains the following items of information in plain, nontechnical language: (a) the statutory requirements which relate to your IRA; (b) the tax consequences which follow the exercise of various options and what those options are: (c) participation eligibility rules, and rules on deductions for retirement savings; (d) the circumstances and procedures under which you may revoke your IRA, including the name, address, and telephone number of the person designated to receive your notice of revocation (this explanation must be prominently displayed at the beginning of the disclosure statement); (e) explanations of when penalties may be assessed against you because of specified prohibited or penalized activities concerning your IRA; and (f) financial disclosure information which: (1) either projects value growth rates of your IRA under various contribution and retirement schedules, or describes the method of computing and allocating annual earnings and charges which may be assessed; (2) describes whether, and for what period, the growth projections for the plan are guaranteed, or a statement of the earnings rate and terms on which the projection is based; (3) stipulates the sales commission to be charged in each year expressed as a percentage of $1,000.00; and (4) shows the proportional amount of any nondeductible life insurance which may be a feature of your IRA. See Publication 590 available at any IRS office, for a more complete explanation of the disclosure requirements. In addition to this disclosure statement, the financial institution is required to provide you with a financial statement each year. It may be necessary to retain and refer to statements for more than one year in order to evaluate the investment performance of the IRA.
Yes. You can participate in a SEP (other than a model SEP) even though you participate in another plan of the same employer. However, the combined contribution limits are subject to certain limitations described in section 415 of the Internal Revenue Code. Also, if you work for several employers, you may be covered by the SEP of one employer and a pension or profit-sharing plan of another employer.
Yes. In addition to the SEP Disclosure Information contained in this document, your employer or plan administrator must provide you with the following information: (a) At the time you become eligible to participate in the SEP your employer or plan administrator must inform you in writing that a SEP agreement has been adopted and state which employees may participate, how employer contributions are allocated, and who can provide you with additional information. (b) Your employer or plan administrator must inform you in writing of all employer contributions to your SEP-IRA (this information must be supplied by January 31st of the year following the year the contribution is made or 30 days after the contribution is made, whichever is later). (c) If your employer amends the SEP, or replaces it with another SEP, the employer or plan administrator must furnish a copy of the amendment or new SEP (with a clear written explanation of its terms and effects) to each participant within 30 days of the date the SEP or amendment becomes effective. (d) If your employer selects or recommends the IRAs into which the SEP contribution will be deposited (or substantially influences you or other employees to choose them) your employer or plan administrator must ensure that a clear written explanation of the terms of those IRAs is provided at the time each employee becomes eligible to participate. The explanation must include information about the terms of those IRAs, such as rates of return, and any restrictions on a participant's ability to roll over, transfer, or withdraw funds from the IRAs (including restrictions that allow rollovers or withdrawal but reduce earnings of the IRAs or impose other penalties). (e) If your employer selects, recommends, or substantially influences you to choose a specific IRA and the IRA prohibits the withdrawal of funds, your employer or plan administrator may be required to provide you with additional information. Regulations promulgated by the Department of Labor under Title I of ERISA should be consulted in this regard.
Yes. When you look at the Summary of Benefits and Coverage for other plans, you’ll find the same Coverage Examples. When you compare plans, check the “Patient Paysbox in each example. The smaller that number, the more coverage the plan provides. Are there other costs I should consider when comparing plans? Yes. An important cost is the premium you pay. Generally, the lower your premium, the more you’ll pay in out-of- pocket costs, such as copayments, deductibles, and coinsurance. You should also consider contributions to accounts such as health savings accounts (HSAs), flexible spending arrangements (FSAs) or health reimbursement accounts (HRAs) that help you pay out-of-pocket expenses. Questions: Call 1-800-639-2227 or (401) 459-5000 or TDD 1-888-252-5051 or visit us at www.BCBSRI.com. If you aren’t clear about any of the bolded terms used in this form, see the Glossary. You can view the Glossary at www.BCBSRI.com or call 1-800-639-2227 or (401) 459-5000 or TDD 1-888-252-5051 to request a copy. Town of South Kingstown - #01002575 - 0003, 0005 Summary of Benefits and Coverage: What this Plan Covers & What You Pay For Covered Services Coverage Period: 07/01/2017 – 06/30/2018 Blue Cross Blue Shield of Rhode Island: HealthMate Coast-to-Coast Coverage for: See below | Plan Type: PPO The Summary of Benefits and Coverage (SBC) document will help you choose a health plan. The SBC shows you how you and the plan would share the cost for covered health care services. NOTE: Information about the cost of this plan (called the premium) will be provided separately. This is only a summary. For more information about your coverage, or to get a copy of the complete terms of coverage, call 1-800-639-2227 or (401) 459-5000 or TDD 711 or visit us at www.BCBSRI.com. For general definitions of common terms, such as allowed amount, balance billing, coinsurance, copayment, deductible, provider, or other underlined terms see the Glossary. You can view the Glossary at https://www.healthcare.gov/sbc-glossary or call 1-800-639-2227 or (401) 459- 5000 or TDD 711 to request a copy.
Yes. A beneficiary may select a settlement option, but only after the insured's death. However, an owner or insured may provide that the beneficiary will not be permitted to change the elected settlement option. WHEN AND HOW OFTEN ARE PREMIUMS DUE? A premium must be paid to put a certificate issued hereunder in force. This initial premium must be of an amount that, after the deduction of percentage-of- premium charges, will cover the first month's deductions plus $20. A premium must also be paid at such time when there is insufficient net cash value to pay the monthly deductions necessary to keep the certificate in force. Premiums paid after the initial premium may be in any amount of $20 or greater. IS THERE A GRACE PERIOD FOR THE PAYMENT OF PREMIUMS? Certificates issued under this policy have a 61-day grace period. The grace period will start on the day we mail the owner a notice of lapse. This will notify the owner that the certificate will lapse if the premium amount specified in the notice is not paid by the end of the grace period and the net cash value is insufficient to cover the monthly deductions. We will mail this notice on any certificate monthly anniversary date when the net cash value for the insured under the certificate is insufficient to cover the monthly deductions for that insured. The certificate of insurance will remain in effect during the 61-day grace period. If sufficient premium is not paid by the end of the grace period, the insured's coverage with insufficient net cash value will lapse at the end of that 61-day period. The grace period does not apply to the first premium payment. WHAT IS THE AMOUNT OF THE DEATH BENEFIT DURING THE GRACE PERIOD? The death benefit amount stated above will be paid if death occurs during the grace period. POLICY CHARGES --------------- WHAT TYPE OF CHARGES ARE THERE UNDER THIS POLICY? Charges under this policy are those which we assess against the premiums and the account value under each certificate and the separate account assets attributable to the policy. WHAT CHARGES ARE ASSESSED AGAINST PREMIUMS? Against premiums paid, we will assess: (1) a sales load, (2) a federal tax charge, and (3) a state premium tax charge as percentage-of-premium charges.
Yes. Years experience in category of goods or services Company years experience in this category of goods or services? This is an evaluation criterion worth a maximum of 10 points. See RFP for more information.