Common use of Uninvested Cash Clause in Contracts

Uninvested Cash. The Participant understands that any idle cash in the XXX will be invested in a money market fund, deposit account, or other investment made available from your financial organization, unless the Participant elects otherwise by checking the box below. Any such investment of idle cash is made pursuant to a prospectus or other offering document, which the Participant should obtain from his or her financial organization. Do NOT invest idle cash The Participant understands that the Custodian has no responsibility to credit interest on uninvested cash in any XXX.

Appears in 3 contracts

Samples: Traditional Ira Adoption Agreement, Ira Application and Adoption Agreement, Ira Application and Adoption Agreement

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Uninvested Cash. The Participant understands that any idle cash in the XXX will be invested in a money market fund, deposit account, or other investment made available from your financial organization, unless the Participant elects otherwise by checking the box below. Any such investment of idle cash is made pursuant to a prospectus or other offering otfering document, which the Participant should obtain from his or her financial organization. Do NOT invest idle cash The Participant understands that the Custodian has no responsibility to credit interest on uninvested cash in any XXX.

Appears in 1 contract

Samples: Traditional Ira Adoption Agreement

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