Contributions by Divorced or Separated Spouses. Alimony and separate maintenance payments received by a divorced or separated spouse, and taxable under Section 71 of the Code, shall be considered compensation for purposes of computing the maximum annual contribution to the Custodial Account, and the limitations for contributions by a divorced or separated spouse shall be the same as for any other individual.
Appears in 9 contracts
Samples: Roth Ira Custodial Agreement, Retirement Account Customer Agreement, Roth Ira Custodial Agreement
Contributions by Divorced or Separated Spouses. Alimony All alimony and separate maintenance payments received by a divorced or separated spouse, and taxable under Section 71 of the Codecode, shall be considered compensation for purposes of computing the maximum annual contribution to the Custodial Account, and the limitations for contributions by a divorced or separated spouse shall be the same as for any other individual.
Appears in 1 contract
Samples: Custodial Agreement (Parkstone Group of Funds /Oh/)
