74. Vesting - complete discontinuance of contributions

Statement of Requirement: Code § 411(d)(3)(B)

Sample Plan Language:

283 | D e f i n e d C o n t r i b u t i o n P l a n L R M P a c k a g e 0 1 / 2 0 2 4

In the event of a complete discontinuance of contributions under the plan, the account balance of each affected participant will be nonforfeitable.

(Note to reviewer: The above provision is only required in and applicable to profit- sharing plans.)