Your Option to Limit Cash Withdrawals Sample Clauses

Your Option to Limit Cash Withdrawals. In addition to dollar amount limitations for withdrawals using your ATM Card or MasterMoneyTM Debit Card and/or code that we may establish, you have the option to limit the amount of cash that can be withdrawn by your ATM Card or MasterMoneyTM Debit Card and/or code to $50.00 per day or some other amount acceptable to us. ATM Transfers – types of transfers, dollar limitations, and charges - You may access your account(s) by ATM using your ATM card and personal identification number or MasterMoneyTM Debit Card and personal identification number to:  Make deposits to checking account(s) or statement savings, money market account(s) with an ATM Card or MasterMoneyTM Debit Card at any Washington Savings Bank ATM.  Make cash withdrawals from checking account(s) or statement savings account(s) with an ATM Card - you may withdraw no more than $305.00 per day  Make cash withdrawals from checking account(s) or statement savings, account(s) with a MasterMoneyTM Debit Card - you may withdraw no more than $305.00 per day  Make inquiries regarding the balance on your checking account(s) or statement savings account(s) with an ATM or MasterMoneyTM Debit Card Some of these services may not be available at all terminals Please also see the Limitations on Frequency of Transfers section regarding limitations that apply to savings accounts. Types of ATM Card Point-of-Sale Transactions – You may access your checking or statement savings to purchase goods (in person) or pay for services (in person) from participating merchants who have agreed to accept our access device. Point of Sale Dollar Limitations and charges - Using your card:  You may not exceed $750.00 in transactions per day  If your available funds are less than your daily withdrawals or purchase limits, you can only withdraw or make purchases up to the lesser amount Some of these services may not be available at all terminals Types of MasterMoneyTM Debit Card Point-of- Sale Transactions – You may access your checking account(s) to purchase goods (in person, by phone or via the Internet), pay for services (in person, by phone or via the Internet) get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that can be done with a credit card (that a participating merchant will accept with a credit card).
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Your Option to Limit Cash Withdrawals. In addition to dollar amount limitations for withdrawals using your ATM card and/or code that we may establish, you have the option to limit the amount of cash that can be withdrawn by your ATM card and/or code to $50.00 per day.
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Your Option to Limit Cash Withdrawals. In addition to dollar amount limitations for withdrawals using your Debit Card or PIN that we may establish, you have the option to limit the amount of cash that can be withdrawn by your Card(s) and/or PIN to $50.
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Your Option to Limit Cash Withdrawals. Revised 7/2019 In addition to dollar amount limitations for withdrawals using your Card and/or PIN that we establish, you have the option to limit the amount of cash that can be withdrawn by your Card and/or PIN to $50.00 per day or some other amount acceptable to us. You may access your account using the Card at any Farmers State Bank ATM location. You also have access to cash at ATMs in the Cirrus®, Pulse®, and MoneyPass® networks.
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Related to Your Option to Limit Cash Withdrawals

  • How Are Contributions to a Xxxx XXX Reported for Federal Tax Purposes You must file Form 5329 with the IRS to report and remit any penalties or excise taxes. In addition, certain contribution and distribution information must be reported to the IRS on Form 8606 (as an attachment to your federal income tax return.)

  • How Are Contributions to a Xxxxxxxxx Education Savings Account Reported for Federal Tax Purposes? Contributions to a Xxxxxxxxx Education Savings Account are reported on IRS Form 5498-ESA.

  • How Are Distributions from a Xxxxxxxxx Education Savings Account Taxed For Federal Income Tax Purposes? Amounts distributed are generally excludable from gross income if they do not exceed the beneficiary’s “qualified higher education expenses” for the year or are rolled over to another Xxxxxxxxx Education Savings Account according to the requirements of Section (4). “Qualified higher education expenses” generally include the cost of tuition, fees, books, supplies, and equipment for enrollment at (i) accredited post-secondary educational institutions offering credit toward a bachelor’s degree, an associate’s degree, a graduate-level or professional degree or another recognized post-secondary credential and (ii) certain vocational schools. In addition, room and board may be covered if the beneficiary is at least a “half-time” student. This amount may be reduced or eliminated by certain scholarships, qualified state tuition programs, HOPE, Lifetime Learning tax credits, proceeds of certain savings bonds, and other amounts paid on the beneficiary’s behalf as well as by any other deductions or credits taken for the same expenses. The definition of “qualified education expenses” includes expenses more frequently and directly related to elementary and secondary school education, including the purchase of computer technology or equipment or Internet access and related services. To the extent payments during the year exceed such amounts, they are partially taxable and partially non-taxable similar to payments received from an annuity. Any taxable portion of a distribution is generally subject to a 10% penalty tax in addition to income tax unless the distribution is (i) due to the death or disability of the beneficiary, (ii) made on account of a scholarship received by the beneficiary, or (iii) is made in a year in which the beneficiary elects the HOPE or Lifetime Learning credit and waives the exclusion from income of the Xxxxxxxxx Education Savings Account distribution. You may be allowed to take both the HOPE or Lifetime Learning credits while simultaneously taking distributions from Xxxxxxxxx Education Savings Accounts. However, you cannot claim a credit for the same educational expenses paid for through Xxxxxxxxx Education Savings Account distributions. To the extent a distribution is taxable, capital gains treatment does not apply to amounts distributed from the account. Similarly, the special five- and ten-year averaging rules for lump-sum distributions do not apply to distributions from a Xxxxxxxxx Education Savings Account. The taxable portion of any distribution is taxed as ordinary income. The IRS does not require withholding on distributions from Xxxxxxxxx Education Savings Accounts.

  • When Must Distributions from a Xxxxxxxxx Education Savings Account Begin? Distribution of a Xxxxxxxxx Education Savings Account must be made (or otherwise will be deemed made) no later than 30 days from the earlier of the beneficiary’s death or attainment of age 30. A distribution from a Xxxxxxxxx Education Savings Account may be rolled over to another beneficiary’s Xxxxxxxxx Education Savings Account according to the requirements of Section (4). Note that the Economic Growth and Tax Relief Reconciliation Act of 2001 waives the distribution age limitation if the beneficiary of the Xxxxxxxxx Education Savings Account is a “Special Needs” student.

  • Are There Penalties for Early Distribution from a Xxxx XXX As indicated above, earnings on your contributions, as well as amounts contributed to a Xxxx XXX as a rollover from a Traditional IRA, that are distributed before certain events are subject to various taxes. Please see IRS Publication 590 for further information about Xxxx XXX rules and restrictions.

  • Payroll Deduction of Fair Share Fee The Board shall deduct from the pay of all employees in the bargaining unit who elect not to become or to remain members of the Association, a Fair Share Fee for the Association’s representation of such non-members during the term of this Agreement. No non-member filing a timely demand shall be required to subsidize partisan political or ideological causes not germane to the Association’s work in the realm of collective bargaining.

  • When Must Distributions from a Xxxx XXX Begin Unlike Traditional IRAs, there is no requirement that you begin distribution of your account during your lifetime at any particular age.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Notification of the Amount of Fair Share Fee Notice of the amount of the annual fair share fee, which shall not be more than 100% of the unified dues of the employee organization, shall be transmitted by the employee organization to the Board Treasurer on or about September 15 of each year during the term of this Agreement for the purpose of determining amounts to be payroll-deducted, and the Board agrees to promptly transmit all amounts deducted to the employee organization.

  • Total Payments to Other Dist & Govt Units Tuition (In State) Payments for Regular Programs ‐ Transfers Payments for Special Education Programs ‐ Transfers Payments for Adult/Continuing Ed Programs ‐ Transfers Payments for CTE Programs ‐ Transfers

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