Examples of Rollover Withdrawal in a sentence
A Rollover Withdrawal may be made for the benefit of the Beneficiary.
Benefit Options (Please tick your preferred option below) Rollover Withdrawal Retirement Note: If you are considering withdrawing your benefit from SuperTrace due to Permanent Incapacity, Compassionate Grounds, Severe Financial Hardship or are claiming a benefit on behalf of a deceased member or acting under Power of Attorney on behalf of a Member please contact one of our Customer Service Representatives on 1300 788 750 to obtain the relevant forms.
If the Depositor’s Automatic Roll-over/ Withdrawal Instruction is not filled-out and signed by the depositor at the time of issuance or at any time during the term of the deposit, the Coop shall automatically roll-over the proceeds for 30 days at prevailing interest rate, and every 30 days thereafter for a period which in no case shall exceed two (2) years from opening of the time deposit account (“final maturity date”), unless terminated by the depositor.
For the 2019 taxable year, the total annual Contributions to an Account, excluding amounts received in a Qualified Rollover Withdrawal or Program–to– Program Transfer, must not exceed fifteen thousand dollars ($15,000); and the lifetime Contribution limitation for ABLE TN is set at three hundred fifty thousand dollars ($350,000).