Common use of Separate Accounting Clause in Contracts

Separate Accounting. Our policies may permit separate accounting to be applied to your XXX for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the XXX assets if separate accounting applies.

Separate Accounting. Our policies may permit separate accounting to be applied to your XXX SIMPLE IRA for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the XXX SIMPLE IRA assets if separate accounting applies.

Separate Accounting. Our policies may permit separate accounting to be applied to your XXX SIMPLE IRA for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the XXX assets if separate accounting applies.in

Separate Accounting. Our policies may permit separate accounting to be applied to your XXX IRA for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the XXX IRA assets if separate accounting applies.