Contribution Account definition

Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

Contribution Account means an account established for each Participant to which payroll deductions under the Plan are credited in accordance with Section 7.

Contribution Account means the account established on behalf of a Participant pursuant to Article IV hereof to which shall be credited his or her Participant Contributions.

Examples of Contribution Account in a sentence

• A Member shall have multiple separate accounts, namely an Employer Account, a Member Account, an Employer Voluntary Account, a Member Voluntary Account, a Member Transfer Account, an Employer Transfer Account, a Member Statewide Defined Benefit Excess Contribution Account, an Employer Statewide Defined Benefit Excess Contribution Account, and a Member Rollover Account(s), as necessary.

• Because you have been taxed on these contributions already, you will not be taxed on a distribution from your Roth Contribution Account, as long as the distribution is (1) being made when you are at least 59½ years of age, after you have become disabled, or to your beneficiary following your death, and (2) not within 5 years of the first day of the first year during which you made your first Roth Contribution to the Plan.

• However, the 5-year period that applied to your Roth deferral contributions account under the other plan will continue to apply to your Roth Rollover Contribution Account under the Plan.

• Your Roth Contributions will be deposited in your Roth Contribution Account (your “Employee Roth Deferral Account” on your statements and the web site).

More Definitions of Contribution Account

Contribution Account means a trust account (account number 00000000 at the Account Bank) in the name of the Borrower (which account may have subaccounts to receive collections in currencies other than Dollars).

Contribution Account means a bookkeeping account established for each Participant for the purpose of tracking Contributions made by such Participant during the Offering Period.

Contribution Account means the account recorded on the records of the Sponsoring Employer established on behalf of a Member to which the amount of the Member's contributions made pursuant to Article IV shall be credited.

Contribution Account means the account established pursuant to Section 10.1(b) and described in Section 10.3(i).

Contribution Account means the account established on behalf of a Participant to which shall be credited that Participant’s Contributions.

Contribution Account means any Defined Contribution Account or Defined Benefit Account and “Contribution Accounts” means, collectively, all Defined Contribution Accounts and all Defined Benefit Accounts.

Contribution Account means an account established on behalf of a Participating Employee to which the Participating Employee's contributions made pursuant to Article V shall be credited.