Common use of Income Tax Treatment Clause in Contracts

Income Tax Treatment. Any nonqualified withdrawal of earnings from your Xxxx XXX may be subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.

Appears in 6 contracts

Samples: Wealthfront Roth Ira Agreement, Roth Ira Account Agreement, Adoption Agreement Roth Ira

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Income Tax Treatment. Any nonqualified non-qualified withdrawal of earnings from your Xxxx XXX may be subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.

Appears in 3 contracts

Samples: Traditional Individual Retirement Custodial Account Agreement, Traditional Individual Retirement Custodial Account Agreement, Traditional Individual Retirement Custodial Account Agreement

Income Tax Treatment. Any withdrawal from your Traditional XXX is subject to federal income tax withholding. Any nonqualified withdrawal of earnings from your Xxxx XXX may be subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.

Appears in 2 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

Income Tax Treatment. Any nonqualified withdrawal of earnings from your Xxxx XXX may be subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.XXX

Appears in 1 contract

Samples: Custodial Agreement

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Income Tax Treatment. Any nonqualified withdrawal of earnings from your Xxxx XXX may be is subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.

Appears in 1 contract

Samples: Wealthfront Traditional Ira Agreement

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