Common use of Separate Accounting (Multiple Beneficiaries) Clause in Contracts

Separate Accounting (Multiple Beneficiaries). If separate accounting applies, the rules above apply to you based on whether you are a designated beneficiary, an eligible designated beneficiary, or not a designated beneficiary.

Separate Accounting (Multiple Beneficiaries). If separate accounting applies, the rules above apply to you based on whether you are a designated beneficiary, an eligible designated beneficiary, or not a designated beneficiary. Federal Income Tax Status of Distributions.