Examples of Individual Custodial Account in a sentence
The Account is intended to be an Individual Custodial Account that meets the requirements of Code Section 403(b)(7) to hold contributions on behalf of the Participant.
The Borrowers will not change their name or their state organizational number.
All subsequent installment payments as well as any residual balances not received within 30 days will be invested according to my current investment elections at the time my assets are received by Fidelity.• I understand that I may designate a beneficiary for my assets accumulated under the plan and that if I choose not to designate a beneficiary, distributions will be made according to the plan document or, if applicable, the Fidelity Investments Section 403(b)(7) Individual Custodial Account Agreement.
In all cases the Financial Advisor, and not the Custodian, shall have the responsibility for delivering to the Participant (or following the death of the Participant, the Beneficiary) the Fidelity Advisor 403(b)(7) Individual Custodial Account Agreement as well as all confirmations, statements, notices, proxies and prospectuses delivered or made available to the Financial Advisor relating to such Investment Company Shares and the Account.
Total = %Grand Total (A + B) = 100%Keep in mind that if your figures don’t add up to 100% or if you leave this section blank, your contributions will be invested in the default option described in your employer’s summary plan document, or the Individual Custodial Account Agreement.DESIGNATING YOUR BENEFICIARY(IES) Please check here if you have more than two primary beneficiaries or one contingent beneficiary.You are not limited to two primary beneficiaries and one contingent beneficiary.
The Participant may cause the transfer or exchange, in cash, of all or any portion of the balance of the Participant’s Account directly to the custodian of another Individual Custodial Account, or to an insurance company designated by the Participant for the purchase of an annuity contract qualified under Code Section 403(b) if the Administrator certifies that the transaction meets the requirements for a tax- free transfer or exchange under Treasury Reg.
The Fidelity Advisor Code Section 403(b)(7) Individual Custodial Account established by the Participant and maintained as the Participant’s Account pursuant to this Agreement, as amended and in effect from time to time.
Total = %Keep in mind that if your figures don’t add up to 100% or if you leave this section blank, your contributions will be invested in the default option described in your employer’s summary plan document or the Individual Custodial Account Agreement.
The Newport Trust Company 403(b)(7) Individual Custodial Account Agreement as set forth herein, including the provisions set forth in the Application and the Establishment Form, as such may be amended from time to time.
The Fidelity Advisor Section 403(b)(7) Individual Custodial Account Agreement, as amended from time to time, as set forth herein, including the information and provisions set forth in any Account Application which is a part of this Agreement.