Maximum Account Balance definition

Maximum Account Balance means the limit on the total value of all Accounts and Florida Prepaid

Maximum Account Balance means the limit on the total value of Plans and Florida 529 Savings Plan accounts for the Beneficiary.

Maximum Account Balance means the account balance limit for contributions as determined annually by the Treasurer.

Examples of Maximum Account Balance in a sentence

• The "Rollover Account Balance" is a Covered Person's unused cumulative Rollover Amount, subject to the Maximum Account Balance shown in the table below.

• Participation in the Program does not guarantee that sufficient funds will be available to cover all Qualified Higher Education Expenses for any Beneficiary, even if the Account reached the Maximum Account Balance.

• The Treasurer will set a Maximum Account Balance for the Program.

• However, Accounts that have reached the Maximum Account Balance may continue to accrue earnings.

• However, even if the aggregate value of all Accounts established for a Beneficiary under the Program equals the Maximum Account Balance limit, such Account balance may not be sufficient to fund all of the Federal Qualified Higher Education Expenses of such Beneficiary.

More Definitions of Maximum Account Balance

Maximum Account Balance means, at any time, the amount specified by the Committee at such time as the maximum principal amount of a Security.

Maximum Account Balance means the limit on the total value of Plans and Florida 529 Savings Plan accounts for the Beneficiary. Currently, the Maximum Account Balance is $418,000.

Maximum Account Balance means the highest

Maximum Account Balance. The Maximum Account Balance is currently $500,000. The Maximum Account Balance pertains to the aggregate amount held in all accounts for the same designated beneficiary that areestablished under all 529 savings plans, including the Plan, sponsored bythe State of Nevada.

Maximum Account Balance is defined as the total combined balance of all Accounts for a single Beneficiary in all Virginia529 programs (which includes Invest529, Prepaid529, CollegeAmerica and CollegeWealth). Once this amount reaches $500,000 (including earnings), additional Contributions or Rollovers into the Account(s) will not be accepted unless the aggregate value drops below the Maximum Account Balance.

Maximum Account Balance means the limit on the total value of Plans and Florida 529 Savings Plan accounts for the Beneficiary. [Current language or guidance may be inserted as applicable.]

Maximum Account Balance means the limit on the total value of all Accounts and Florida Prepaid College Plans for the Beneficiary. Currently, the Maximum Account Balance is $418,000.