Annuity savings account definition

Annuity savings account or "ASA" means the annuity savings account maintained under IC 5-10.2-2-2(a)(1), as described in IC 5-10.3-12-3.
Annuity savings account means the account maintained for
Annuity savings account. (ASA) means the member's contributions and earnings as described in IC 5-10.2-2-3.

Examples of Annuity savings account in a sentence

  • THE DIFFERENCE BETWEEN FIFTEEN PERCENT OF THE TOTAL AMOUNT OF SETTLEMENT MONEYS RECEIVED BY THE STATE AND THE AMOUNT ACTUALLY RECEIVED BY THE PROGRAM PURSUANT TO THIS SUBPARAGRAPH (VII) SHALL BE TRANSFERRED TO THE GENERAL FUND.

  • IS ADDED TO READ AS FOLLOWS: 550 IAC 2-7-4.5 Annuity savings account contributions received by TRF subsequent to processing of retirement benefitAuthority: IC 5-10.2-2-1; IC 5-10.2-2-1.5; IC 5-10.4-3-8Affected: IC 5-10.2-4-2 Sec.

  • IS AMENDED TO READ AS FOLLOWS: 35 IAC 1.2-6-8 Annuity savings account contributions received by PERF subsequent to processing of retirement benefitAuthority: IC 5-10.3-3-8 Affected: IC 5-10.2-4-2 Sec.

  • IS AMENDED TO READ AS FOLLOWS: 35 IAC 1.3-7-4 Annuity savings account contributions received by PERF subsequent to processing of retirement benefitAuthority: IC 5-10.5-4-2 Affected: IC 5-10.2-4-2 Sec.


More Definitions of Annuity savings account

Annuity savings account means the annuity savings
Annuity savings account or "ASA" means the annuity savings account maintained under IC 5-10.2-2-2(a)(1), as described in IC 5-10.4-8-2(2), and is also referred to as a "defined contribution account".
Annuity savings account means the annuity savings account of the 1996 account maintained under IC 5-10.2-2-2(c)(1) and IC 5-10.2-2-2(b)(2).

Related to Annuity savings account

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Medical savings account means an account exempt from federal income taxation pursuant to Section 220 of the United States Internal Revenue Code (26 U.S.C. § 220).

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.