Total Account Balance definition

Total Account Balance means in respect of a Member, as at a particular date the sum of the balances of all the Member Accounts conducted in respect of the Member in the Fund at that date after all relevant deductions including administration and Tax, fees and charges have been deducted.
Total Account Balance means the amount in an account on a particular date or the fair market value of an account on a particular date.
Total Account Balance means, for purposes of determining the maximum loan available under the Plan, the total dollar value of the Participant’s Plan accounts (except dividends, if any, accumulated under the provisions of Section 8.5) as of the date the Plan receives the Participant’s executed loan agreement.

Examples of Total Account Balance in a sentence

  • The calculation is: Total Remaining Nondeductible Contributions $2,000 x $500 = $ 125 --------------------------- ------ Total Account Balance $8,000 Thus, $125 of the $500 withdrawal in 1998 will not be included in your taxable income.

  • Your total account balance as of 12-31-98 is $7,500 as shown below: Deductible Contributions $5,000 Nondeductible Contributions $2,000 Earnings On IRA $1,000 Less 1998 Withdrawal $ 500 ------ Total Account Balance as of 12/31/98 $7,500 To determine the nontaxable portion of your 1998 withdrawal, the total 1998 withdrawal ($500) must be multiplied by a fraction.

  • For new purchases converted to Installments Plans, you will be charged interest at the rate you have agreed to (unless you pay your Total Account Balance in full on or before the Current Statement’s Payment Due Date).

  • Your Current Statement will show your New Balance, Total Account Balance, Payment Due Date, transaction and posting dates, and interest rates, including any applicable Introductory Interest Rate, Promotional Interest Rates and/or Installment Plan interest rates.

  • Your Total Account Balance is the total amount of your previous account balance, plus all new purchases and debits, Cash Advances, interest, and fees shown on your statement, minus the amount of any payments and credits which have been posted to your account by your statement date.

  • Your New Balance is equal to your Total Account Balance if you do not have any Installment Plans.

  • You may pay the New Balance or the Total Account Balance in full or in part at any time.

  • Interest for the first and second statement periods will appear on your second monthly statement (unless you pay the Total Account Balance shown on the first statement in full by the Payment Due Date).

  • Your New Balance is equal to your Total Account Balance as of your statement date, minus the total amount of any Installments Not Yet Due (if you have any Installment Plans).

  • Such Total Account Balance shall also include all amounts (including plan forfeitures, if applicable) contributed to the Plan on behalf of the Defendant after the Assignment Date that are attributable to periods prior to such date.


More Definitions of Total Account Balance

Total Account Balance means the total aggregate amount of each Participant's Elective Account and Participant's Non-Elective Account.
Total Account Balance of a Member at any time means the total amount standing to the credit of that Member's Accounts at that time.
Total Account Balance means the total amount held in the Loan Account, inclusive of monies on deposit but not yet cleared as confirmed by the Bank.

Related to Total Account Balance

  • 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.

  • Adjusted Capital Account Balance means, with respect to each Partner, the balance in such Partner’s Capital Account adjusted (i) by taking into account the adjustments, allocations and distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5) and (6); and (ii) by adding to such balance such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and 1.704-2(i)(5), any amounts such Partner is obligated to restore pursuant to any provision of this Agreement or by applicable Law. The foregoing definition of Adjusted Capital Account Balance is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Economic Capital Account Balance means, with respect to a Holder of LTIP Units or a Holder of Performance Units, as applicable, its Capital Account balance, plus the amount of its share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to its ownership of LTIP Units or Performance Units, as applicable.

  • Economic Capital Account Balances has the meaning set forth in Section 5.01(g) hereof.

  • Capital Account Limitation has the meaning set forth in Section 4.05(b) hereof.