side account definition
side account means an account that is associated with or part of a contract, intended to hold amounts in excess of the maximum amount permitted to be held under an exempt contract.
side account means an account in the Public Employees Retirement Fund into which a UAL lump-sum payment that is not used to satisfy a transition liability is deposited.¶
side account means an account associated with or part of a contract of life insurance that is intended to hold funds in excess of the maximum amount permitted to be held in an exempt policy; (“compte auxiliaire”)
More Definitions of side account
side account means an account associated with or that is a part of a contract that may hold funds in excess of the maximum amount permitted to be held in an exempt contract. (« compte accessoire »)
side account means an account associated with or a part of a contract that is intended to hold amounts in excess of the maximum amount permitted to be held in a contract that is exempt from accrual tax- ation pursuant to the Income Tax Act (Canada).
side account means an account that is associated with or part of a contract of life insurance and is intended to hold amounts in excess of the maximum amount permitted to be held under a contract of life insurance that is exempt from accrual taxation pursuant to the Income Tax Act (Canada).