Retirement Savings Account definition

Retirement Savings Account means an account opened with a pension fund administrator as specified in section II of this Act;
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Retirement Savings Account means a separate Account maintained for a Member that is credited with Retirement Savings Account Contributions made by or on behalf of the Member, along with any earnings or losses.
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Retirement Savings Account means moneys allocated by the trustee of an Authorised Superannuation Fund to a member for the purpose of paying that member’s entitlement to a distribution by the fund in the form of periodic payments.
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Examples of Retirement Savings Account in a sentence

  • Staff who are not eligible for membership of the Colleges’ of Education Pension Scheme or the Single Public Service Pension Scheme may avail of a PRSA (Personal Retirement Savings Account).

  • Retirement Savings Account within the meaning of subsection 8(1) of the Retirement SavingsAccounts Act 1997.

  • The Investor requires the assistance of the “Investment Manager” in the administration of the portfolio of assets in their Personal Retirement Savings Account (PRSA), to ensure compliance with current regulatory requirements for unregulated investment assets held in the PRSA (“the Portfolio”).

  • An employer contribution to a Personal Retirement Savings Account (PRSA) is chargeable to income tax in the hands of the employee as a benefit-in-kind under section 118 of the Taxes Consolidation Act 1997.

  • All other appointees will have a mandatory retirement age of 70.Staff who are not eligible for membership of the Colleges’ of Education Pension Scheme or the Single Public Service Pension Scheme may avail of a PRSA (Personal Retirement Savings Account).


More Definitions of Retirement Savings Account

Retirement Savings Account means an account maintained separately, reflecting all contributions made to and on behalf of a participant of the Maldives Retirement Pension Scheme under this Act, return on investment, losses and permitted expenses.
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Retirement Savings Account means the account established and maintained under this Plan by the Committee to record a Participant’s interest under this Plan attributable to (i) the portion of any Retirement Savings Contributions allocated to such Participant and forfeitures applied pursuant to Section 3.7 to reduce the amount of such contributions for such Participant, and (ii) any amounts credited to his or her Profit Sharing Account under the Previous Plan as in effect on December 31, 2014.
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Retirement Savings Account means an account into which contributions in respect of a Member, or transferred amounts are paid pursuant to the Retirement Savings Accounts Act 1997 and dealt with in accordance with the Relevant Law.
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Retirement Savings Account means the portion of a Member's Account that is attributable to Sheltered Contributions, Transferred Exchange Contributions, Standard Contributions, Rollover Contributions, Tax Deductible Contributions, and Retirement Savings Matching Contributions, determined as of any Valuation Date.
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Retirement Savings Account means an account set up and maintained by the Administrator under section 24;
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Retirement Savings Account means aretirement savings account within the meaning of the Retirement Savings Accounts Act 1997 .
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Retirement Savings Account means the account established under the Plan that reflects your interest under the Plan attributable to any Retirement Savings Contributions made for you (including any amounts previously credited to your former “Profit Sharing Account” under the Plan).
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