Common use of Separate Accounting Clause in Contracts

Separate Accounting. Our policies may permit separate accounting to be applied to your ▇▇▇ for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the ▇▇▇ assets if separate accounting applies.

Separate Accounting. Our policies may permit separate accounting to be applied to your ▇▇▇ SIMPLE IRA for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the ▇▇▇ SIMPLE IRA assets if separate accounting applies.

Separate Accounting. Our policies may permit separate accounting to be applied to your ▇▇▇ IRA for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the ▇▇▇ IRA assets if separate accounting applies.