Common use of Savings Accounts Clause in Contracts

Savings Accounts. If your account is an interest-bearing account and is not a NOW account or time deposit, the following terms may apply. Transfers and Withdrawals. There are no limits on the amount of transfers that can be made to or from the savings account. HEALTH SAVINGS ACCOUNTS. A Health Savings Account (HSA) is a tax preferred account that you agree: a) you are eligible to open and maintain, b) to notify us when you are no longer eligible to maintain, c) will be used for contributions, withdrawals, and earnings for qualified medical expenses or as allowed by law, and d) you will execute and comply with the terms and conditions in the Health Savings Account Trust or Custodial Agreement. Consult your tax advisor about the tax treatment of contributions, withdrawals and earnings.

Savings Accounts. If your account is an interest-bearing account and is not a NOW account or time deposit, the following terms may apply. Transfers and Withdrawals. There are no limits on the amount of transfers that can be made to or from the savings account. HEALTH SAVINGS ACCOUNTS. A Health Savings Account (HSA) is a tax preferred account that you agree: a) you are eligible to open and maintain, b) to notify us when you are no longer eligible to maintain, c) will be used for contributions, withdrawals, and earnings for qualified medical expenses or as allowed by law, and d) you will execute and comply with the terms and conditions in the Health Savings Account Trust or Custodial Custo dial Agreement. Consult your tax advisor about the tax treatment of contributions, withdrawals and earnings.