Alternate Payee definition

Alternate Payee means a spouse, former spouse, child, or other dependent of a participant, who is designated to be paid retirement benefits in a qualified domestic relations order;
Alternate Payee s portion" means benefits that are payable to an
Alternate Payee means the spouse or former spouse of a

Examples of Alternate Payee in a sentence

  • This Article shall apply to the extent the Reinsurer has any liability to the Company, or its liquidator, receiver or statutory successor, after the application and operation of the Alternate Payee Article of this Contract.

  • The provisions of the Alternate Payee Article of this Contract are intended to take precedence over this Article.

  • The Account Balance includes any account established under Article VIII for rollover contributions and plan-to-plan transfers or exchanges made for a Participant, the account established for a Beneficiary after a Participant's death, and any account or accounts established for an Alternate Payee (as defined in section 414(p)(8) of the Code).

  • In addition, the Employee's or Former Employee's surviving Spouse and the Employee's or Former Employee's Spouse or former Spouse who is the Alternate Payee, are "distributees" with regard to the interest of the Spouse or former Spouse.

  • Any election made by the Alternate Payee pursuant to this section is irrevocable.


More Definitions of Alternate Payee

Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a DRO as having a right to receive all, or a portion of, the benefits payable under the Plan with respect to such Participant.
Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a Qualified Domestic Relations Order as having a right to receive all or a portion of such Participant’s Account.
Alternate Payee means a person other than a participant or Beneficiary in the Plan who is entitled to a benefit under the Plan as a result of a Qualified Domestic Relations Order.
Alternate Payee means a spouse, former spouse, child, or other dependent of a
Alternate Payee means any spouse, former spouse, child or other dependent of a Participant who is recognized by a Qualified Domestic Relations Order as having a right to receive all or a portion of a Participant's benefits payable under the Plan.
Alternate Payee means an alternate payee pursuant to a qualified domestic relations order that meets the requirements of Code §414(p).
Alternate Payee means a member's former spouse or family member eligible to