Maryland Statutory Form - Limited Power Of Attorney Template Page 14
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20(___) Receive the financial proceeds of a claim described above and conserve,
invest, disburse, or use for a lawful purpose anything so received
(___) All of the above
L.
Retirement Plans (including a plan or account created by an employer,
the principal, or another individual to provide retirement benefits or deferred
compensation of which the principal is a participant, beneficiary, or owner, including
a plan or account under the following sections of the Internal Revenue Code:
(1)
An individual retirement account under Internal Revenue Code
Section 408, 26 U.S.C. § 408;
(2)
A Roth individual retirement account under Internal Revenue Code
Section 408A, 26 U.S.C. § 408A;
(3)
A deemed individual retirement account under Internal Revenue Code
Section 408(q), 26 U.S.C. § 408(q);
(4)
An annuity or mutual fund custodial account under Internal Revenue
Code Section 403(b), 26 U.S.C. § 403(b);
(5)
A pension, profit–sharing, stock bonus, or other retirement plan
qualified under Internal Revenue Code Section 401(a), 26 U.S.C. § 401(a);
(6)
A plan under Internal Revenue Code Section 457(b), 26 U.S.C. § 457(b);
and
(7)
A nonqualified deferred compensation plan under Internal Revenue
Code Section 409A, 26 U.S.C. § 409A) – With respect to this subject, I authorize my
agent to:
(___) Select the form and timing of payments under a retirement plan and
withdraw benefits from a plan
(___) Make a rollover, including a direct trustee–to–trustee rollover, of
benefits from one retirement plan to another
(___) Establish a retirement plan in the principal’s name
(___) Make contributions to a retirement plan
(___) Exercise investment powers available under a retirement plan
(___) Borrow from, sell assets to, or purchase assets from a retirement plan
(___) All of the above
M.
Taxes – With respect to this subject, I authorize my agent to:
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