Rollover Subaccount definition

Rollover Subaccount means a subaccount with a Member’s Rollover Account to which rollover contributions and after-tax contributions made under the VEBA Plan are transferred.
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Rollover Subaccount means for each Participant the portion of the Participant's Plan account to which any rollovers pursuant to Section 4.05 are made.
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Rollover Subaccount means a subaccount within a Member's Rollover Account to which, with respect to Farnell Transferees, matching, profit-sharing and rollover contributions but not elective deferrals made under the Farnell Plan were transferred and, with respect to all other Farnell Members, elective deferrals, matching contributions, profit-sharing contributions and rollover contributions made under the Farnell Plan were transferred.
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Examples of Rollover Subaccount in a sentence

  • A direct rollover of after-tax employer contributions from a designated Roth account shall be allocated to a Participant's Roth Rollover Subaccount.

  • The Plan, to the extent permitted by the IRC and otherwise pursuant to procedures established by the Plan, will accept Roth In-Plan Rollover Contributions with such amounts to be credited to the Participant’s Roth In-Plan Rollover Subaccount.

  • All other rollover contributions shall be allocated to the Participant's Non-Roth Rollover Subaccount.

  • No contributions other than Roth rollover contributions and properly attributable earnings shall be credited to a Participant's Roth Rollover Subaccount, and gains, losses and other credits, withdrawals or charges shall be allocated on a reasonable and consistent basis to such subaccount.

  • If a Participant made both Elective Pretax Contributions and Elective Roth Contributions and/or has a Roth Rollover Subaccount, any withdrawal of his Account shall be made first to the extent possible from the Elective Pretax Contribution Subaccount and/or Non-Roth Rollover Subaccount, unless the Participant specifies otherwise.

  • A Participant’s Participation Account shall be divided into the following subaccounts, as applicable: the Pre-Tax Deferral Subaccount, the Roth Contribution Subaccount, the Eligible Deferred Compensation Plan Transfer Subaccount, the Rollover Subaccount and the Roth In-Plan Rollover Subaccount.

  • An eligible retirement plan for purposes of a direct rollover of a designated Elective Roth Contribution Subaccount and a Roth Rollover Subaccount shall be only another designated Roth account under an eligible retirement plan described in Code section 402A(e)(1) or a Roth IRA described in Code section 402A(e)(1) or a Roth IRA described in Code section 408A, and only to the extent the rollover is permitted under the rules of Code section 402(c).

  • If the Participant has an Elective Roth Contribution Subaccount and/or a Roth Rollover Subaccount, the Participant must substantiate to the Administrator that the eligible deferred compensation plan of the other governmental employer maintains a designated Roth account pursuant to Code section 402A(e)(1).

  • As of each Accounting Date, each Participant's Rollover Contributions (if any) since the preceding Accounting Date shall be credited to the Participant's Rollover Subaccount under the Participant's Account.

  • If the Administrator learns that all or part of a Rollover Contribution did not meet the requirements for a rollover, including but not limited to the requirements of the Code, as soon as reasonably possible the Plan shall distribute to the Participant the nonqualified portion of the Rollover Contribution (and earnings thereon) that was credited to the Participant's Rollover Subaccount.


More Definitions of Rollover Subaccount

Rollover Subaccount means the account credited with the Rollover Contributions made by a Participant and earnings on those contributions.
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Rollover Subaccount means the subaccount established within a Participant’s Participation Account to which a Participant’s Rollover Contributions are recorded, as applicable, and any interest, dividends, gains, losses, earnings or expenses or the like thereon. Within this subaccount, Rollover Contributions from Qualified Roth Contribution Programs shall be further recorded separately from Rollover Contributions that are not from Qualified Roth Contribution Programs.
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Rollover Subaccount shall have the meaning set forth in Section 2.1(f) hereof.
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Rollover Subaccount means the account established and maintained on behalf of a Participant pursuant to Section 6.2(d) with respect to the Participant's Rollover Contributions.
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Related to Rollover Subaccount

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • 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.

  • 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 means the renewal of all or any part of any LIBOR Rate Loan upon the expiration of the Interest Period with respect thereto, pursuant to Section 2.3.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • 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.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

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

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • 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.

  • 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)).

  • 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.

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

  • 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.

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

  • 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.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.