Examples of Written Election in a sentence
A proper Archer MSA to HSA rollover is completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received.2. Written Election.
It is important for you to give your Written Election within 31 days after the date you become eligible.
There is no minimum Monthly Income Benefit if there is a reduction by benefits payable under that prior plan.Change in the Benefits for Which You Are Insured...will be made if you give your Employer a Written Election for benefits different from the ones for which you are insured, if a Written Election is required.
If you are age 701⁄2 or older you must remove your required minimum distribution before converting your SIMPLE IRA.5. Written Election.
The change in benefits will take effect on the first day of the month following:(1) the date Standard approves your Evidence Of Insurability, furnished at no cost to Standard, if your Written Election provides for a greater amount of benefits; or(2) the date your Employer receives your Written Election, if you are requesting a change that provides for a lesser amount of benefits;provided you are Actively at Work on the date the change is to take effect.
If a Participant fails to submit a Written Election within the period specified in this Section 2.4, he may not participate in the Plan until the first Entry Date of the next succeeding Plan Year (provided that he continues to be eligible under Section 2.1).
To Become Insured Under Option 1 (Full LTD Election)...you must be eligible for insurance and you must give Written Election to your Employer.
If a Key Employee will become a Participant after the first day of Plan Year, he shall have 30 days before or after his Entry Date to submit the Written Election.
The portion of Plan Year Compensation deferred pursuant to Section 3.1 and specified in the Written Election for a given Plan Year (or part of a Plan Year) may not be changed.
If a Participant dies after a distribution under Sections 5.1, 5.2, 5.3, 5.5 or 5.6 of this Plan has commenced, the payments of such distribution otherwise due to the Participant will continue to his designated Beneficiary, in the applicable form elected by the Participant in his Written Election.