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202305553
<br />Receive the financial proceeds of a claim described in this section and conserve, invest, disburse, or
<br />use for a lawful purpose anything so received.
<br />hi RETIREMENT PLANS - The Principal authorizes the Agent authority over retirement
<br />plans defined as:
<br />A plan or account created by an employer, the Principal, or another individual to provide retirement
<br />benefits or deferred compensation of which the Principal is a participant, beneficiary, or owner,
<br />including a plan or account under the following sections of the Internal Revenue Code:
<br />An individual retirement account under Internal Revenue Code Section 408, 26 U.S.C. Section 408,
<br />as amended;
<br />A Roth individual retirement account under Internal Revenue Code Section 408A, 26 U.S.C.
<br />Section 408A, as amended;
<br />A deemed individual retirement account under Internal Revenue Code Section 408(q), 26 U.S.C.
<br />Section 408(q), as amended;
<br />An annuity or mutual fund custodial account under Internal Revenue Code Section 403(b), 26
<br />U.S.C. Section 403(b), as amended;
<br />A pension, profit-sharing, stock bonus, or other retirement plan qualified under Internal Revenue
<br />Code Section 401(a), 26 U.S.C. Section 401(a), as amended;
<br />A plan under Internal Revenue Code Section 457(b), 26 U.S.C. Section 457(b), as amended; and
<br />A non-qualified deferred compensation plan under Internal Revenue Code Section 409A, 26 U.S.C.
<br />Section 409A, as amended.
<br />Unless the power of attorney otherwise provides, language in a power of attorney granting general
<br />authority with respect to retirement plans authorizes the Agent to:
<br />i. Select the form and timing of payments under a retirement plan and withdraw benefits
<br />from a plan;
<br />ii. Make a rollover, including a direct trustee -to -trustee rollover, of benefits from one
<br />retirement plan to another;
<br />iii. Establish a retirement plan in the Principal's name;
<br />iv. Make contributions to a retirement plan;
<br />v. Exercise investment powers available under a retirement plan; and borrow from, sell
<br />assets to, or purchase assets from a retirement plan.
<br />hgr TAXES - In regards to taxes, the Principal authorizes the Agent to:
<br />Prepare, sign, and file federal, state, local, and foreign income, gift, payroll, property, Federal
<br />Insurance Contributions Act, and other tax returns, claims for refunds, requests for extension of
<br />time, petitions regarding tax matters, and any other tax -related documents, including receipts,
<br />offers, waivers, consents, including consents and agreements under Internal Revenue Code Section
<br />2032A, 26 U.S.C. Section 2032A, as amended, closing agreements, and any power of attorney
<br />required by the Internal Revenue Service or other taxing authority with respect to a tax year upon
<br />which the statute of limitations has not run and the following 25 tax years;
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