Individual retirement plan definition

Individual retirement plan means an individual retirement account described in section 408(a) of the Internal Revenue Code or an individual retirement annuity described in section 408(b) of the Internal Revenue Code.
Individual retirement plan means an individual retirement account or individual retirement annuity as defined in section 408 of the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 408, as amended.
Individual retirement plan means an indi- vidual retirement account described in section 408(a) of the Internal Revenue Code or an individual re-

Examples of Individual retirement plan in a sentence

  • Qualified bond purchase plan de- scribed in section 405(a) prior to that section’s repeal by section 491(a) of the Tax Reform Act of 1984 (TRA ’84).(b) Individual retirement plan.

  • Individual retirement plan statute of limitations for excise tax on ex- cess contributions and certain accumulations.

  • S may treat the account as an ex- empt recipient even though R or its employ- ees have not filed an exemption certificate with S.(C) Individual retirement plan.

  • S may treat the account as an exempt recipient even though R or itsemployees have not filed an exemption certificate with S.(C) Individual retirement plan.

  • Individual retirement plan" means an individual retirement account or individual retirement annuity as defined in section 408 of the "Internal Revenue Code of 1986," 100 Stat.

  • Recall that New York switched to taxing on a per share basis much earlier.

  • Individual retirement plan statute of limitations for excise tax on excess contributions and cer- tain accumulations.

  • There is added after§ 25.2503-4 the following new section:§ 25.2503-5 Individual retirement plan for spouse.

  • Provider must be one of the following (check applicable provider):¨ Individual retirement plan; or¨ If for a non-spouse designated beneficiary, to an inherited individual retirement plan established to receive the distribution on behalf of the beneficiary.List selected Provider: **If plan fiduciary is unable to find individual plan provider or determines not to make rollover for compelling reason, move to Step 10.Date:Actor: 7.

  • Individual retirement plan participants are responsible for the main retirement savings decisions in DC plans.


More Definitions of Individual retirement plan

Individual retirement plan means a Plan to which a contributor contributes personally, to provide savings for the contributor’s own retirement;

Related to Individual retirement plan

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Eligible Retirement Plan means an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the Distributee's Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Disability retirement for plan 1 members, means the period

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Public employees retirement system means the retirement plan and program

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Retirement fund means the "Washington law enforcement

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Medical benefit plan means a plan established and maintained by a carrier, a voluntary employees' beneficiary association described in section 501(c)(9) of the internal revenue code of 1986, 26 USC 501, or by 1 or more public employers, that provides for the payment of medical benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits, for public employees or elected public officials. Medical benefit plan does not include benefits provided to individuals retired from a public employer or a public employer's contributions to a fund used for the sole purpose of funding health care benefits that are available to a public employee or an elected public official only upon retirement or separation from service.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Continuing care retirement community means a residential

  • Early Retirement Benefit means the retirement benefit payable to a member following early