Examples of Transfer Contribution Account in a sentence
A Transfer Contribution Account shall be established for each Eligible Employee for whom a Transfer Contribution is made.
Transfers described in the last sentence of Section 12.1 shall not be allocated to a Transfer Contribution Account but shall be treated as Rollover Contributions for all purposes.
To the extent determined by the Administrator to be required under section 411(d)(6) of the Code, an Eligible Employee for whom a Transfer Contribution Account is maintained shall be entitled to distributions and withdrawals from such Account under provisions not less restrictive than applied under the Distributing Plan.
No loan may exceed the aggregate value of the Participant's Basic Pre-Tax Contribution Account, Supplemental Pre-Tax Contribution Account, Employer Contribution Account, Rollover Contribution Account and Transfer Contribution Account (excluding any amount contributed by the Participant on an after-tax basis).
In the model, savers are those in the top of the permanent 19This is conservative given the alternative reasons for non-homothetic saving, see e.g. the discussion in Section 2.5.20The functional form in (14) is a transformation of a “SoftPlus” function commonly used in Machine Learning.2ρ+δρ+δ21The formula for the MPC is r − ρ+δ 1 − r1 − 4 1 − r r eη .income distribution, which we interpret as the top 1%.