Non-Qualified. Withdrawal Any withdrawal from an Account that is not a Qualified Withdrawal or an Outgoing Rollover. Outgoing Rollover Withdrawals from an Account contributed to another ABLE account, provided that certain conditions are satisfied. Program Manager TIAA-CREF Tuition Financing, Inc. or TFI. Proposed Tax Regulations Proposed regulations issued by the U.S. Department of the Treasury under Section 529A included in the Federal Register dated June 22, 2015. Qualified Disability Expenses Any expenses incurred at a time when the Beneficiary is an Eligible Individual that relate to the blindness or disability of the Beneficiary, and are for the benefit of the Beneficiary in maintaining or improving his or her health, independence, or quality of life. Such expenses include, but are not limited to, expenses for education, housing, transportation, employment training and support, assistive technology and personal support services, health, prevention and wellness, financial management and administrative services, legal fees, expenses for oversight and monitoring, funeral and burial expenses, and other expenses that may be identified from time to time in future guidance published by the IRS. Qualified Withdrawal Any withdrawal from an Account used to pay for the Qualified Disability Expenses of the Beneficiary. Target Risk Investment Options Investment options with investment objectives and strategies based on a targeted risk level. Each Target Risk Investment Option invests in underlying mutual funds. Sibling A brother, sister, stepbrother, stepsister, half-brother, or half-sister of the Beneficiary, whether by blood or adoption. Section 529A Section 529A of the Internal Revenue Code. SSI Supplemental Security Income. Unit An interest in an Investment Option. Unit Value The value of a Unit in an Investment Option. You Except when referring to an Authorized Legal Representative as the context requires, “you” refers to a Beneficiary/Account Owner. INTRODUCTION TO CalABLE Rehabilitation, and Chairperson of the State Independent Living Council, or their designees. The California State Treasurer serves as Chair of the Board. Assets in CalABLE are held in the CalABLE ABLE Program Trust (the “Trust”), for which the Board serves as the trustee. To contact the Board: Visit: xxx.xxxxxxxxx.xx.xxx Email: XxxXXXX@xxxxxxxxx.xx.xxx Call: 000-000-0000 CalABLE is offered on a national basis. Each Account is governed by the terms of this Program Disclosure Statement, the Participation A...
Non-Qualified. Owner means any person who does not meet the definition of Qualified Owner including persons who originally qualified as a Qualified Owner but whose circumstances change and who no longer meet the definition of Qualified Owner.
Non-Qualified. Stock Option means a stock option which is not an Incentive Stock Option.
Non-Qualified. Annuity Contract - An annuity Contract which is not intended to satisfy the requirements of Section 408(b) (IRAs) or Section 408A (Roth XXXx) of the Code. This Contract may be issued as a Non- Qualified Annuity Contract. Owner - The person or persons named on the Contract Data Page and Rider Data Page, if applicable. The Owner must be age 85 or younger at the time the contract is issued. The Owner is entitled to exercise all rights and privileges under the Contract while the Annuitant is living. Joint Owners must be one another’s Spouse as of the Effective Date and must both be natural persons. The Annuitant will be the Owner unless otherwise indicated in the application. The Owner must be either a natural person, an IRA custodian or trustee, or a Grantor Trust. If the Owner is a Grantor Trust, all references in the Contract and Rider to the life, age or death of the Owner shall pertain to the life, age or death of the Grantor(s). If the Owner is an IRA custodian or trustee, all references to the life, age, or death of the Owner pertain to the life, age, or death of the Underlying IRA Hxxxxx. Xxyout Election Date - The date on which Investment Strategy annuity payouts or periodic withdrawals begin. Payout Election Date must occur before the Annuitant’s 99th birthday. Portfolio - A registered management investment company, or portfolio or series thereof, in which the assets of the Series Account may be invested. Premium Tax - The amount of tax, if any, charged by a state or other governmental authority. Qualified Annuity Contract - An annuity contract that is intended to qualify under Section 408(b) (IRAs) or Section 408A (Roth XXXx) of the Code. This Contract may be issued as a Qualified Annuity Contract. Request - Any written, telephoned, electronic or computerized instruction in a form satisfactory to the Company and received at the Retirement Resource Operations Center from the Owner or the Owner’s designee (as specified in a form acceptable to the Company), or the Beneficiary (as applicable), as required by any provision of this Contract. The Request is subject to any action taken or payout made by the Company before it is processed. A written Request will be deemed to include electronic mail transmissions only if such transmissions include PDF or other facsimile transmissions clearly reproducing the manual signature.
Non-Qualified. Withdrawal Any withdrawal from an Account that is not: (1) a Qualified Withdrawal; (2) a Taxable Withdrawal; or (3) a Qualified Rollover. Qualified Higher Education Expenses Generally, tuition, fees, the cost of books, supplies and equipment required for the enrollment or attendance of a Beneficiary at an Eligible Educational Institution, certain room and board expenses, the cost of computer or peripheral equipment, certain software, and Internet access and related services if used primarily by the Beneficiary during any of the years the Beneficiary is enrolled at any Eligible Educational Institution, as well as certain additional enrollment and attendance costs of Beneficiaries with special needs. For both federal and Georgia tax purposes, any reference to Qualified Higher Education Expenses also includes a reference to tuition in connection with enrollment or attendance at a primary (i.e., elementary school) or secondary (i.e., middle school or high school) public, private, or religious school up to a maximum of $10,000 of distributions for such tuition expenses per taxable year per Beneficiary from all 529 Plans. For federal tax purposes, any reference to Qualified Higher Education Expenses also includes: (i) expenses for fees, books, supplies, and equipment required for the participation of a Beneficiary in an apprenticeship program registered and certified with the Secretary of Labor under the National Apprenticeship Act; and (ii) amounts paid as principal or interest on any qualified education loan of either the Beneficiary, or a sibling of the Beneficiary up to a lifetime limit of $10,000 per individual. Distributions treated as Qualified Higher Education Expenses with respect to the loans of a sibling of a Beneficiary will count towards the limit of the sibling, not the Beneficiary. Such loan repayments may impact student loan interest deductibility. State tax treatment of withdrawals for K-12 tuition expenses, apprenticeship expenses, and payment of qualified education loans is determined by the state where you file state income tax. Please consult with a tax advisor before withdrawing funds for any such expenses. Qualified Rollover A transfer of funds from an Account: (1) to an account in another state’s 529 Plan for the same Beneficiary, provided that it has been at least 12 months from the date of a previous transfer to a 529 Plan for that Beneficiary; (2) to an account in another state’s 529 Plan (or an Account in the Plan for a new beneficiar...
Non-Qualified. STOCK OPTIONS MAY BE -------------------------- TRANSFERRED BY THE OPTIONEE TO (A) THE SPOUSE, QUALIFIED DOMESTIC PARTNER, CHILDREN OR GRANDCHILDREN OF THE OPTIONEE AND ANY OTHER PERSONS RELATED TO THE OPTIONEE AS MAY BE APPROVED BY THE ADMINISTRATOR ("IMMEDIATE FAMILY MEMBERS"), (B) A TRUST OR TRUSTS FOR THE EXCLUSIVE BENEFIT OF SUCH IMMEDIATE FAMILY MEMBERS, (C) A PARTNERSHIP OR PARTNERSHIPS IN WHICH SUCH IMMEDIATE FAMILY MEMBERS ARE THE ONLY PARTNERS, OR (D) ANY OTHER PERSONS OR ENTITIES AS MAY BE APPROVED BY THE ADMINISTRATOR, PROVIDED THAT (x) THERE MAY BE NO CONSIDERATION FOR ANY TRANSFER UNLESS APPROVED BY THE ADMINISTRATOR, (y) THE STOCK OPTION AGREEMENT PURSUANT TO WHICH SUCH OPTIONS ARE GRANTED MUST BE APPROVED BY THE ADMINISTRATOR, AND MUST EXPRESSLY PROVIDE FOR TRANSFERABILITY IN A MANNER CONSISTENT WITH SECTION 5(f)(ii) OF THE PLAN, AND (z) SUBSEQUENT TRANSFERS OF TRANSFERRED OPTIONS SHALL BE PROHIBITED EXCEPT THOSE IN ACCORDANCE WITH SECTION 5(f)(i) OF THE PLAN OR EXPRESSLY APPROVED BY THE ADMINISTRATOR. FOLLOWING TRANSFER, ANY SUCH OPTIONS SHALL CONTINUE TO BE SUBJECT TO THE SAME TERMS AND CONDITIONS AS WERE APPLICABLE IMMEDIATELY PRIOR TO TRANSFER, PROVIDED THAT, EXCEPT FOR PURPOSES OF SECTIONS 5(g), (h) AND (i) AND 11(c) OF THE PLAN, THE TERMS "OPTIONEE," STOCK OPTION HOLDER" AND "PARTICIPANT" SHALL BE DEEMED TO REFER TO THE TRANSFEREE. THE EVENTS OF TERMINATION OF EMPLOYMENT UNDER SECTIONS 5(g), (h) AND (i) HEREOF SHALL CONTINUE TO BE APPLIED WITH RESPECT TO THE ORIGINAL OPTIONEE, FOLLOWING WHICH THE OPTIONS SHALL BE EXERCISABLE BY THE TRANSFEREE ONLY TO THE EXTENT, AND FOR THE PERIODS SPECIFIED UNDER SUCH SECTIONS UNLESS THE OPTION AGREEMENT GOVERNING SUCH OPTIONS OTHERWISE PROVIDES. NOTWITHSTANDING THE TRANSFER, THE ORIGINAL OPTIONEE WILL CONTINUE TO BE SUBJECT TO THE PROVISIONS OF SECTION 11(c) OF THE PLAN REGARDING PAYMENT OF TAXES, INCLUDING THE PROVISIONS ENTITLING THE COMPANY TO DEDUCT SUCH TAXES FROM AMOUNTS OTHERWISE DUE TO SUCH OPTIONEE. ANY TRANSFER OF A STOCK OPTION THAT WAS ORIGINALLY GRANTED WITH DERS RELATED THERETO SHALL AUTOMATICALLY INCLUDE THE TRANSFER OF SUCH DERS, ANY ATTEMPT TO TRANSFER SUCH STOCK OPTION SEPARATELY FROM SUCH DERS SHALL BE VOID, AND SUCH DERS SHALL CONTINUE IN EFFECT ACCORDING TO THEIR TERMS. "QUALIFIED DOMESTIC PARTNER" FOR THE PURPOSE OF THIS SECTION 5 SHALL MEAN A DOMESTIC PARTNER LIVING IN THE SAME HOUSEHOLD AS THE OPTIONEE AND REGISTERED WITH, CERTIFIED BY OR OTHERWISE ACKNOWLEDGED BY THE COUNTY ...
Non-Qualified. Transferee(s) shall not: (1) occupy the Lot; (2) rent all or any part of the Lot, except in strict compliance with Section 5 hereof; (3) engage in any other business activity on or in the Lot; (4) sell, convey or otherwise transfer the Lot except in accordance with this Agreement and the Affordable Housing Requirements; or (5) sell or otherwise transfer the Lot for use in a trade or business.
Non-Qualified. (i) The executive is given the right to purchase stock in the future, for a price usually determined at the date of grant.
Non-Qualified. STOCK OPTION AGREEMENT THIS NON-QUALIFIED STOCK OPTION AGREEMENT (the "Agreement") is made and entered into this 5th day of October, 1998 (the "Date of Grant"), by and between DALLAS SEMICONDUCTOR CORPORATION, a Delaware corporation (the "Company"), and ____________________________, an employee of the Company ("Optionee").
Non-Qualified. Up to $5,000 (to which required tax withholding will apply) of non-qualified moving/relocation expenses will be paid in addition to the above expenses. In addition, Syntroleum will provide an approximate gross-up on the eligible non-qualified expenses to minimize the impact of federal, FICA and state taxes. The approximate gross up is not intended to be in the exact amount of the employee’s tax liability resulting from the reimbursement of any non qualified moving/relocation expenses under this section. Instead, pursuant to this policy, Syntroleum will provide the employee a single payment, applicable to the year in which the tax liability was incurred, equivalent to any additional FICA tax due, plus additional federal and Oklahoma state income taxes, assuming maximum rates apply. The use of this allowance is at the employee’s discretion. Examples of appropriate uses are as follows: • Temporary living expenses (i.e. apartment, utilities, phones, etc.) Syntroleum Corporation Personnel and Policies Manual • Trips home during relocation (all trips should be arranged through the company travel agency) • Rental car needed during relocation • Other expenses that the employee deems appropriate. These expenses should be submitted on a separate expense report from your qualified moving expenses and submitted as indicated above.
