Common use of Account Balance Limit Clause in Contracts

Account Balance Limit. No additional contributions may be made for the benefit of an Account Owner when the fair market value of the account exceeds $400,000. If, however, the market value of such accounts falls below the Account Balance Limit, additional contributions will be accepted.

Account Balance Limit. No additional contributions may be made for the benefit of an Account Owner when the fair market value of the account exceeds $400,000. If, however, the market value of such accounts falls below the Account Balance Limit, additional contributions will be accepted.exceeds