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Common use of Separate Accounting Clause in Contracts

Separate Accounting. Separate records will be maintained for the interest of each Individual under an IRA established by the Employer.

Appears in 7 contracts

Sources: Defined Contribution Plan (1st Constitution Bancorp), Defined Contribution Plan (Wellesley Bancorp, Inc.), Defined Contribution Plan (Savannah Bancorp Inc)

Related Clauses

  • Separate Accounts
  • Separate Account
  • Fiscal Year; Accounting
  • Premium Accounting
  • Monthly Accountings

Parent Clauses

  • Authority
  • Invoice to Address
  • Applicable Laws
  • Deliverables
  • State Laws

Sub-Clauses

  • Taxation of Distributions
  • No Special Tax Treatment
  • Early-Distribution Penalty Tax
  • Excess Contribution Penalty Tax
  • Tax-free Earnings
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