Voluntary Account definition
Examples of Voluntary Account in a sentence
Voluntary Account Alerts allow you to choose alert messages for your accounts.
Each Participant shall at all times have a fully vested interest in his Elective Deferral Account, Qualified Nonelective Account, Voluntary Account, Voluntary Tax-Deductible Account and Thrift Account.
In the event the Officer’s employment is terminated for reasons other than retirement, severance from service with the Bank after five (5) or more years from the Effective Date, death, or a Change in Control, the Officer shall have no non-forfeitable right to and no vested interest in his Deferred Compensation Account, other than his non-forfeitable Voluntary Account portion, if any, above.
The Officer shall always have a one-hundred percent (100%) non-forfeitable right to the Voluntary Account portion, if any, of his Deferred Compensation Account.
If a Participant has previously made voluntary nondeductible employee contributions, the Plan Administrator shall establish and maintain a Voluntary Account for the Participant.