Common use of Identifying Number Clause in Contracts

Identifying Number. The Participant’s Social Security number will serve as the identification number of his or her Custodial Account. An employer identification number is required only for a Custodial Account for which a return is filed to report unrelated business taxable income. An employer identification number is required for a common fund created for IRAs.

Appears in 33 contracts

Samples: Roth Ira Custodial Account Agreement, Traditional Ira Custodial Account Agreement, Roth Ira Custodial Account Agreement

AutoNDA by SimpleDocs

Identifying Number. The Participant’s Social Security number will serve as the identification number of his or her Custodial Account. An employer identification number is required only for a Custodial Account for which a return is filed to report unrelated business taxable income. An employer identification number is required for a common fund created for IRAs.

Appears in 4 contracts

Samples: Simple Ira Custodial Account Agreement, Simple Ira Custodial Account Agreement, Simple Ira Custodial Account Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!