Common use of Disaster Related Relief Clause in Contracts

Disaster Related Relief. If you qualify (for example, you sustained an economic loss due to, or are otherwise considered affected by a federally-declared disaster in a specified disaster area, you may be eligible for favorable tax treatment on distributions, rollovers, and other transactions involving your Xxxx XXX. Qualified disaster relief includes an automatic 60-day extension to perform certain acts and may include penalty-tax free early distributions made during specified timeframes for each disaster, the ability to include distributions in your gross income ratably over multiple years, the ability to roll over distributions to an eligible retirement plan without regard to the 60- day rollover rule, and more.

Appears in 5 contracts

Samples: www.transamerica.com, selectedfunds.com, rxprod.clipperfund.com

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Disaster Related Relief. If you qualify (for example, you sustained an economic loss due to, or are otherwise considered affected by by, a federally-certain federally declared disaster in a specified disaster area), you may be eligible for favorable tax treatment on distributions, rollovers, and other transactions involving your Xxxx XXXIRA. Qualified disaster relief includes an automatic 60-day extension to perform certain acts and may include penalty-tax free early distributions made during specified timeframes for each disaster, the ability to include distributions in your gross income ratably over multiple years, the ability to roll over distributions to an eligible retirement plan without regard to the 60- day rollover rule, and more.

Appears in 3 contracts

Samples: selectedfunds.com, rxprod.clipperfund.com, davisfunds.com

Disaster Related Relief. If you qualify (for example, you sustained an economic loss due to, or are otherwise considered affected by a federally-declared disaster in a specified disaster area), you may be eligible for favorable tax treatment on distributions, rollovers, and other transactions involving your Xxxx XXXSIMPLE IRA. Qualified disaster relief includes an automatic 60-day extension to perform certain acts and may include penalty-tax free early distributions made during specified timeframes for each disaster, the ability to include distributions in your gross income ratably over multiple years, the ability to roll over distributions to an eligible retirement plan without regard to the 60- day rollover rule, and more.

Appears in 2 contracts

Samples: services.federatedhermes.com, selectedfunds.com

Disaster Related Relief. If you qualify (for example, you sustained an economic loss due to, or are otherwise considered affected by by, a federally-declared disaster in a specified disaster area), you may be eligible for favorable tax treatment on distributions, rollovers, and other transactions involving your Xxxx XXX. Qualified disaster relief includes an automatic 60-day extension to perform certain acts and may include penalty-tax free early distributions made during specified timeframes for each disaster, the ability to include distributions in your gross income ratably over multiple years, the ability to roll over distributions to an eligible retirement plan without regard to the 60- 60 day rollover rule, and more.

Appears in 1 contract

Samples: Individual Retirement Trust Account Agreement

Disaster Related Relief. If you qualify (for example, you sustained an economic loss due to, or are otherwise considered affected by by, a federally-certain federally declared disaster in a specified disaster area), you may be eligible for favorable tax treatment on distributions, rollovers, and other transactions involving your Xxxx XXXIRA. Qualified disaster relief includes an automatic 60-day extension to perform certain acts and may include penalty-tax free early distributions made during specified timeframes for each disaster, the ability to include distributions in your gross income ratably over multiple years, the ability to roll over distributions to an eligible retirement plan without regard to the 60- 60-day rollover rule, and more.

Appears in 1 contract

Samples: www.transamerica.com

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Disaster Related Relief. If you qualify (for example, you sustained an economic loss due to, or are otherwise considered affected by by, a federally-declared disaster in a specified disaster area), you may be eligible for favorable tax treatment on distributions, rollovers, and other transactions involving your Xxxx XXXIRA. Qualified disaster relief includes an automatic 60-day extension to perform certain acts and may include penalty-tax free early distributions made during specified timeframes for each disaster, the ability to include distributions in your gross income ratably over multiple years, the ability to roll over distributions to an eligible retirement plan without regard to the 60- 60-day rollover rule, and more.

Appears in 1 contract

Samples: Individual    Retirement   Trust    Account    Agreement

Disaster Related Relief. If you qualify (for example, you sustained an economic loss due to, or are otherwise considered affected by by, a federally-declared disaster in a specified disaster area), you may be eligible for favorable tax treatment on distributions, rollovers, and other transactions involving your Xxxx XXX. Qualified disaster relief includes an automatic 60-day extension to perform certain acts and may include penalty-tax free early distributions made during specified timeframes for each disaster, the ability to include distributions in your gross income ratably over multiple years, the ability to roll over distributions to an eligible retirement plan without regard to the 60- 60-day rollover rule, and more.

Appears in 1 contract

Samples: www.wincu.org

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