Contribution Account definition

Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

Contribution Account means an account established for each Participant to which payroll deductions under the Plan are credited in accordance with Section 7.

Contribution Account means the account established on behalf of a Participant pursuant to Article IV hereof to which shall be credited his or her Participant Contributions.

Examples of Contribution Account in a sentence

• As of each Valuation Date, the Safe Harbor Matching Contribution Account of a Participant shall be credited with any Safe Harbor matching contributions made by his Employer.

• A Participant’s vested interest in his Safe Harbor Matching Contribution Account and Safe Harbor Non-elective Contribution Account shall be 100% regardless of the number of his years of service.

• Beginning in 2007, eligible rollover distrib utions from a Designated Xxxx Contribution Account payable to a nonspouse beneficiary are eligible for direct rollover into an Inherited Xxxx XXX.

• For distributions prior to 2007, any distribution from a Designated Xxxx Contribution Account to a beneficiary other than a surviving spouse was not eligible to be rolled over to a Xxxx XXX.

• As of each Valuation Date, the Safe Harbor Non-elective Contribution Account of a Participant shall be credited with any Safe Harbor non-elective contributions made by his Employer not previously credited.

More Definitions of Contribution Account

Contribution Account. The meaning specified in Section 10.3(e).

Contribution Account means a trust account (account number 00000000 at the Account Bank) in the name of the Borrower (which account may have subaccounts to receive collections in currencies other than Dollars).

Contribution Account means a bookkeeping account established for each Participant for the purpose of tracking Contributions made by such Participant during the Offering Period.

Contribution Account. The account established pursuant to Section 10.3(f).

Contribution Account means any Defined Contribution Account or Defined Benefit Account and “Contribution Accounts” means, collectively, all Defined Contribution Accounts and all Defined Benefit Accounts.

Contribution Account means the account established pursuant to Section 10.1(b) and described in Section 10.3(i).

Contribution Account means the account established on behalf of a Participant to which shall be credited that Participant’s Contributions.