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.

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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.

• The Administrator may authorize the Custodian to accept a Transfer Contribution for an Eligible Employee.

• Custodian may accept a Transfer Contribution in a plan to plan transfer provided that the transaction satisfies the requirements for a tax-free transfer under Section 403(b) of the Code and applicable IRS regulations and guidance, and the Plan permits such transfers.

• For purposes of this Section 5.02, a Transfer Contribution is an amount that is transferred from another defined contribution plan sponsored by the Employer or a Commonly Controlled Entity as a result of a change in employment classification of the Eligible Employee that causes him to be excluded from active participation in such other defined contribution plan and also eligible to participate in this Plan.

• If the Participant is married on the Annuity Starting Date and has not died before such date, then such portion of the Participant’s Transfer Contribution Account will be distributed in the form of a Qualified Joint and Survivor Annuity.

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)

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 on behalf of a Participant by

Transfer Contribution means any amount of money transferred to the Fund from another retirement scheme to the credit of a member; 12

Transfer Contribution means a non-taxable transfer of a Participant’s benefit directly or indirectly from another qualified plan to this Plan. Transfer Contributions include assets transferred to this Plan from another plan as a result of a merger or similar transaction involving this Plan and the other plan. Any direct or indirect transfer as defined in Code §401(a)(11) of assets from a defined benefit plan, a money purchase plan, a target benefit plan, a stock bonus plan, or a profit sharing plan that provided for a life annuity form of payment to the Participant will be considered a Transfer Contribution. Elective Deferrals (including QNECs, QMACs, and ADP Safe Harbor Contributions) which are transferred to this Plan in a direct or indirect trustee-to-trustee transfer from another qualified plan and which remain subject to the limitations in Regulation §1.401(k)-1(d) will be considered a Transfer Contribution. The assets that are transferred from another qualified plan in a plan-to-plan elective transfer pursuant to Section 11.4 will also be considered a Transfer Contribution.

Transfer Contribution means a contribution made in accordance with Section 4.6.