Broward Florida Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan

• Category: Corporations - Public - Agreements - Transfers
• State: Multi-State
• County: Broward
• Control #: US-EG-9312
• Format: Word; Rich Text

Description

Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan between Semiconductor Components Industries, LLC and Motorola, Inc. regarding benefit pension plan meeting requirements of the Internal Revenue Service dated May 10, 1999. 6 pages. Broward Florida Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan: The Broward Florida Retirement Plan Transfer Agreement is a legal document aimed at facilitating the transfer of retirement benefits from the Motorola, Inc. Pension Plan to retirees or participants residing in Broward County, Florida. This agreement is designed to ensure a smooth and efficient transition of pension plan assets, while providing necessary information and guidance to retirees. Keywords: Broward Florida Retirement Plan Transfer Agreement, Motorola, Inc. Pension Plan, retirement benefits, transfer, participants, retirees, Broward County, Florida. Types of Broward Florida Retirement Plan Transfer Agreements for the Motorola, Inc. Pension Plan: 1. Broward Florida Retirement Plan Transfer Agreement for Lump Sum Payout Option: This type of transfer agreement is applicable when retirees choose to receive their pension benefits in a lump sum payment rather than through regular annuity payments. It outlines the process and requirements for transferring the accumulated funds from the Motorola, Inc. Pension Plan to the retiree's new or existing retirement account in Broward County, Florida. 2. Broward Florida Retirement Plan Transfer Agreement for Rollover to an Individual Retirement Account (IRA): This transfer agreement is relevant for retirees who wish to roll over their pension plan assets into an Individual Retirement Account (IRA) instead of receiving immediate payments. It outlines the necessary steps, rules, and tax implications involved in transferring the funds from the Motorola, Inc. Pension Plan to a suitable IRA provider in Broward County, Florida. 3. Broward Florida Retirement Plan Transfer Agreement for Direct Transfer to a Qualified Retirement Plan: In cases where retirees wish to transfer their pension plan assets directly to a qualified retirement plan, such as a 401(k) or 403(b) plan, this agreement specifies the procedures, conditions, and requirements for such a transfer. It ensures compliance with applicable laws and regulations, while facilitating the seamless movement of retirement benefits from the Motorola, Inc. Pension Plan to the chosen qualified retirement plan in Broward County, Florida. Keywords: Lump Sum Payout Option, Rollover, Individual Retirement Account (IRA), Direct Transfer, Qualified Retirement Plan, 401(k), 403(b), pension benefits, accumulated funds.

Broward Florida Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan: The Broward Florida Retirement Plan Transfer Agreement is a legal document aimed at facilitating the transfer of retirement benefits from the Motorola, Inc. Pension Plan to retirees or participants residing in Broward County, Florida. This agreement is designed to ensure a smooth and efficient transition of pension plan assets, while providing necessary information and guidance to retirees. Keywords: Broward Florida Retirement Plan Transfer Agreement, Motorola, Inc. Pension Plan, retirement benefits, transfer, participants, retirees, Broward County, Florida. Types of Broward Florida Retirement Plan Transfer Agreements for the Motorola, Inc. Pension Plan: 1. Broward Florida Retirement Plan Transfer Agreement for Lump Sum Payout Option: This type of transfer agreement is applicable when retirees choose to receive their pension benefits in a lump sum payment rather than through regular annuity payments. It outlines the process and requirements for transferring the accumulated funds from the Motorola, Inc. Pension Plan to the retiree's new or existing retirement account in Broward County, Florida. 2. Broward Florida Retirement Plan Transfer Agreement for Rollover to an Individual Retirement Account (IRA): This transfer agreement is relevant for retirees who wish to roll over their pension plan assets into an Individual Retirement Account (IRA) instead of receiving immediate payments. It outlines the necessary steps, rules, and tax implications involved in transferring the funds from the Motorola, Inc. Pension Plan to a suitable IRA provider in Broward County, Florida. 3. Broward Florida Retirement Plan Transfer Agreement for Direct Transfer to a Qualified Retirement Plan: In cases where retirees wish to transfer their pension plan assets directly to a qualified retirement plan, such as a 401(k) or 403(b) plan, this agreement specifies the procedures, conditions, and requirements for such a transfer. It ensures compliance with applicable laws and regulations, while facilitating the seamless movement of retirement benefits from the Motorola, Inc. Pension Plan to the chosen qualified retirement plan in Broward County, Florida. Keywords: Lump Sum Payout Option, Rollover, Individual Retirement Account (IRA), Direct Transfer, Qualified Retirement Plan, 401(k), 403(b), pension benefits, accumulated funds.