QMAC Account definition

QMAC Account means the Account to which are credited QMACs made on behalf of a Participant pursuant to Section 3.8(f) and earnings or losses on those contributions.
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QMAC Account means a Qualified Matching Contribution Account.
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QMAC Account means the Account to which are credited ------------ Qualified Matching Contributions and gains and losses thereon.
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Examples of QMAC Account in a sentence

  • A Participant is always fully vested in his/her Salary Deferral Account, After-Tax Contribution Account, QNEC Account, QMAC Account, Safe Harbor Employer Contribution Account, Safe Harbor Matching Contribution Account, and Rollover Contribution Account.

  • A QMAC must be subject to the same distribution restrictions applicable to Salary Deferrals under Section 8.09(c), except that no portion of a Participant’s QMAC Account may be distributed on account of Hardship.

  • Any Matching Contributions allocated to a Participant's QMAC Account under the Plan automatically satisfy and are subject to the QMAC definition.

  • They are able to take collective action on the basis of their research.• The knowledge and skills necessary for people’s collective action is created by participation and control of the marginalised.

  • In determining whether a Participant is totally nonvested for purposes of applying the Rule of Parity Break in Service rule, the Participant's Section 401(k) Deferral Account, Employee After-Tax Contribution Account, QMAC Account, QNEC Account, Safe Harbor Nonelective Contribution Account, Safe Harbor Matching Contribution Account, and Rollover Contribution Account are disregarded.

  • A QMAC must be subject to the same distribution restrictions applicable to Salary Deferrals under Section 8.10(c), except that no portion of a Participant’s QMAC Account may be distributed on account of Hardship.

  • A Participant is always fully vested in his/her Salary Deferral Account, After-Tax Employee Contribution Account, QNEC Account, QMAC Account, Traditional Safe Harbor/QACA Safe Harbor Employer Contribution Account, Traditional Safe Harbor/QACA Safe Harbor Matching Contribution Account, and Rollover Contribution Account.

  • However, they also show a positive effect for countries in which private agents face a substantial regulatory burden.On the contrary, Selaya and Sunesen (2008) find strong evidence that ODA invested in complementary inputs, such as public infrastructure and human capital, draws in foreign capital; while ODA invested in physical capital, such as machinery and factory, crowds out FDI.

  • A Participant is always fully vested in his/her Section 401(k) Deferral Account, Employee After-Tax Contribution Account, QNEC Account, QMAC Account, Safe Harbor Nonelective Contribution Account, Safe Harbor Matching Contribution Account, and Rollover Account.

  • A Participant is always fully vested in his/her Section 401(k) Deferral Account, Employee After-Tax Contribution Account, QNEC Account, QMAC Account, Safe Harbor Nonelective Contribution Account, Safe Harbor Matching Contribution Account, and Rollover Contribution Account.


More Definitions of QMAC Account

QMAC Account means the Account to which are credited ------------ Qualified Matching Contributions and all earnings and losses thereon.
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QMAC Account means the Account established pursuant to Section 6.01 to evidence Qualified Matching Contributions, and, if applicable, the "QMAC Account" portion of the Citigroup 401(k) Plan Asset Transfer, and earnings with respect thereto.
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QMAC Account means the Account to which QMACs and any earnings or losses on those contributions are credited on behalf of a Participant under Section 4.4(f).
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Related to QMAC Account

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).