Transfer Contribution definition

Transfer Contribution means a contribution made on behalf of a Participant by way of a trustee-to-trustee transfer as described in Section 12.4.
Transfer Contribution means any amount transferred to the Plan on an Employee’s behalf directly from another qualified plan pursuant to a trust to trust transfer as provided in Section 21.19.
Transfer Contribution means an amount contributed to the Plan pursuant to Section 7.10.

Examples of Transfer Contribution in a sentence

  • In the event the Employer accepts a Transfer Contribution from a Plan in which the Employee was directing the investments of his or her account, the Employer may continue to permit the Employee to direct his or her investments in accordance with paragraph 13.7 with respect only to such Transfer Contribution.

  • A Transfer Contribution Account shall be established for each Eligible Employee for whom a Transfer Contribution is made.

  • An individual who makes a Rollover Contribution to the Trust or has a Transfer Contribution made to the Trust on his or her behalf shall not be eligible to make or receive any other contributions under the Plan until he or she has actually become a Participant and satisfied the eligibility requirements otherwise applicable to such contributions.

  • Each Contributing Member that has made a Debt Relief Transfer Contribution will be allocated a proportionate share of the subscription votes specified for such member in Column b-3 of Table 2 from time to time and at least semi-annually following payment of any amount of its Debt Relief Transfer Contribution to compensate the Association for forgiveness of debt under the HIPC Debt Initiative or to finance arrears clearance operations.

  • However, for all other purposes under the Plan (including without limitation, investment directions and distributions), an individual who makes a Rollover Contribution or for whom a Transfer Contribution has been made shall be treated as a Participant.


More Definitions of Transfer Contribution

Transfer Contribution means a direct transfer of all or any portion of a Participant’s interest under one employer’s 403(b) plan to the 403(b) plan of another employer following a severance from service, provided the transaction meets the requirements of Treas. Reg. Section 1.403(b)-10(b) (3) and any other applicable legal requirements.
Transfer Contribution means amounts transferred to this Plan from another 403(b) plan, which is made in accordance applicable law and Section 3.03 of this Plan.
Transfer Contribution means a Participant's contribution credited to a Participant’s Account pursuant to Section 4.9 of the Plan.
Transfer Contribution means a contribution made in accordance with Section 4.6.
Transfer Contribution means any amount transferred to the Plan on an Employee’s behalf directly from another qualified plan pursuant to a trust to trust transfer as provided in Article XXI in the Section entitled “Trust to Trust Transfer”.
Transfer Contribution means a contribution made on behalf of a Participant by
Transfer Contribution means each amount deferred under the Plan pursuant to Provision 5.2.