IRA. IF MORE THAN ONE SUBSCRIBER, EACH SUBSCRIBER MUST SXXX. INDIVIDUAL SUBSCRIBERS MUST COMPLETE PAGE C-11. SUBSCRIBERS WHICH ARE ENTITIES MUST COMPLETE PAGE C-12. EXECUTION BY NATURAL PERSONS -------------------------------------------------------------------------------- Exact Name in Which Title is to be Held ----------------------------------- ----------------------------------- Name (Please Print) Name of Additional Purchaser ----------------------------------- ----------------------------------- Residence: Number and Street Address of Additional Purchaser ----------------------------------- ----------------------------------- City, State and Zip Code City, State and Zip Code ----------------------------------- ----------------------------------- Social Security Number Social Security Number
IRA. The Danville Community School Corporation will provide payroll deduction for those individual teachers who are interested in participating in an Individual Retirement Account. The Corporation will not participate financially in the program. The Association shall select a single financial institution where the IRA accounts shall be established.
IRA. An individual retirement account or annuity qualified under Code §§408 or 408A (other than an endowment contract).
IRA. Rate Information — Your interest rate and annual percentage yield will remain in effect until the first maturity date. Compounding Frequency — Interest will be compounded continuously. Crediting Frequency — Interest will be credited to your account every month. Effect of Closing an Account — If you close your account before interest is credited, you will not receive the accrued interest. Minimum Balance to Open the Account — You must deposit $250 to open this account. Minimum Balance to Obtain the Annual Percentage Yield Disclosed — You must maintain a minimum balance of $250 in the account each day to obtain the disclosed annual percentage yield. Daily Balance Computation Method — We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Accrual of Interest on Noncash Deposits — Interest begins to accrue on the business day you deposit noncash items (for example, checks). Transaction Limitations: • You may not make any deposits into your account before maturity. • You may not make withdrawals of principal from your account before maturity. • You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest any time during the term of crediting after it is credited to your account. • If Your Account Has an Original Maturity of More Than One Year: The fee we may impose will equal six (6) months interest on the amount withdrawn subject to penalty. • Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity) – • If Your Account Has an Original Maturity of One Year or Less: The fee we may impose will equal three months interest on the amount withdrawn subject to penalty. • If your account has an Original Maturity of More Than One Year: The fee we may impose will equal six (6)months interest on the amount withdrawn subject to penalty. In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan. Withdrawal of Interest Prior to Maturity — The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Automatically Renewable Time Account — This account will automatically renew at maturity. You may prevent re...
IRA. Each automatic rollover IRA will be a Traditional or Xxxx XXX, as applicable, based on the information provided by you in Section 2 above. The applicable custodial agreement will be between us and the Account Owner, and its terms will be enforceable by the Account Owner.
IRA. Individual Retirement Accounts (IRAs) are governed by a separate contract and by the rules in this Agreement for the type of IRA savings account opened.
IRA. A traditional IRA is established by an individual, under Section 408(a) or 408(b) of the Code. See also Xxxx IRAs below.
IRA. An Individual Retirement Annuity as described in Section 408 of the Code. The Annuity Contract What is the entire contract? The entire contract consists of this Group Contract, the application of the Group Contractholder, which is attached to the Group Contract, and the enrollment applications. The Group Contract is for the exclusive benefit of the IRA annuitants and beneficiaries. No one except one of our corporate officers (President, Vice President, Secretary or Assistant Secretary) can change or waive any of our rights or requirements under the contract. That person must do so in writing. None of our agents or other persons has the authority to change or waive any of our rights or requirements under the contract. In issuing the certificates, we have relied upon the applications. The statements contained in the applications are, in the absence of fraud, considered representations and not warranties. No statements made in connection with the applications will be used by us to void the contract or to deny a claim unless that statement is part of the applications. Can this contract be modified? This contract may be modified at any time by written agreement between the contractholder and us. The modification must be signed by one of our corporate officers (President, Vice President, Secretary or Assistant Secretary). No modification will affect the amount of term of any certificates issued before the effective date of the modification unless it is required to conform the contract to, or give the contractholder the benefit of, any Federal or State statutes. We reserve the right to modify the contract to the extent necessary to qualify a certificate issued under the contract as an IRA as described in Section 408 of the Code or in any other applicable section of the Code. When will the certificate become incontestable? After the certificate has been in force during the annuitant's lifetime for two years from the date of issue, we cannot contest the certificate. What if the annuitant's birthdate or sex has been misstated? If the annuitant's birthdate or sex has been misstated, payments under the certificate will be based on what would have been provided at the correct birthdate and sex. Any underpayments made by us will be made up immediately. Any overpayments made by us will be subtracted from the future payments. 30372C What laws govern the contract? The contract is governed by the law of the state in which it is delivered. The values and benefits of the cert...
IRA. Is any part of this purchase payment an IRA rollover? Section 457 (Plan Name)_________________________________ [ ] Yes [ ] No ________________________________________________________ Amount of Rollover: $______________ [ ] Tax Deferred Annuity Regular Contribution: $______________ Year_______ [ ] Public School Employees $______________ Year_______ [ ] 501(c)(3)
IRA. If a Collaboration Product is under the IRA and the resulting maximum fair price for such Collaboration Product is than the average sale price for such Collaboration Product immediately prior to such negotiations, the royalty rate(s) set forth in Section 7.5.1 applicable to Net Sales of such Collaboration Product in the United States shall be reduced by . 7.5.9
