Account balance limit definition

Account balance limit means the maximum allowable aggregate balance of accounts established for the same beneficiary. Account earnings, if any, are included in the account balance limit.
Account balance limit means the maximum allowable aggregate balance of an account established for a designated beneficiary. Account earnings, if any, are included in the account balance limit.
Account balance limit means the amount determined periodically by the program administrator as necessary to provide for the qualified higher education expenses of a beneficiary in accordance with Section 529. The account balance limit shall apply to the total of all accounts in the plans for the benefit of a beneficiary.

Examples of Account balance limit in a sentence

  • Although, the Available Balance of your Account does not include money in your Vaults, the money in your Vaults is counted for purposes of the maximum Account balance limit in Section 6 titled “Limits on Your Account”.

  • Although the Available Balance of your Account does not include money in your Savings Account, the money in your Savings Account is counted for purposes of the maximum Account balance limit in Section 6 titled “Limits on Your Account”.

  • There is no deposit limit for ACH deposits (subject to the maximum Account balance limit).

  • We may impose limits on the amount, number, or type of Account transactions, limit your maximum Account balance, limit the maximum number of Cards issued to you, and suspend or block your Account transactions, based on your history with us and other risk factors commonly used by the financial services industry.

  • Upgrade includes: Account balance limit to RM10,000.00 Monthly debit limit of RM5,000.00 and Annual debit limit of RM120,000.00 The MAE card can be used at any merchant that accepts Visa, locally or globally.

  • The minimum allowable deposit is $25,000 and the additional deposits cannot cause the balance in the Account to exceed the maximum Account balance limit of $250,000.

  • ATM withdrawal amounts may be less at international ATMs. As part of our Fraud Loss Control and Anti-Money Laundering policies, we may impose additional limits on the amount, number, or type of Account transactions, limit your maximum Account balance, limit the maximum number of Access Devices issued to you, and suspend or block your and any associated Account transactions.

  • Account balance limit: $450,000.Low feesThe annualized investment costs on assets per investment option range from 0.34% to 0.38%, depending on which investment option(s) you select.


More Definitions of Account balance limit

Account balance limit means the amount set as such by the plan as set forth in the plan addendum. When the fair market value of an account reaches the account balance limit, no additional contributions will be accepted by the plan. Assets in an account can continue to accrue earnings beyond the account balance limit.
Account balance limit means the maximum value of funds that you can maintain in your Account as determined by BCLC and subject to change without notice.
Account balance limit means the maximum allowable aggregate balance of accounts established for the same beneficiary.
Account balance limit means the maximum value of funds that you can maintain in your Account as determined by SIGA; the maximum value subject to change without notice;

Related to Account balance limit

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Debit Balance means, as of any date, the dollar amount, if any, representing each of: (1) the aggregate Annual Charge, accrued in accordance with Section 3.4(g)(i); and (2) any Leveraged Principal Amount (together with any pro rata Interest Amounts determined in accordance with Section 3.4(g)(ii), if applicable), as reduced by any distributions recorded from ML Ventures Units recorded in a Participant’s Account in accordance with Section 3.4(e).