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

  • The Committee shall establish and maintain a Company Contribution Account for each Participant under the Plan.

  • Excess Aggregate Contributions shall be forfeited if forfeitable, or distributed on a pro-rata basis from the Participant's Participant Contribution Account, Employer Matching Account, and Qualified Matching Account (and, if applicable, the Participant's Qualified Nonelective Account or Elective Deferral Account, or both).

  • The balance in each Participant's Voluntary Contribution Account shall be fully Vested at all times and shall not be subject to Forfeiture for any reason.

  • For each Plan Year, an Employer may be required to credit amounts to a Participant’s Company Contribution Account in accordance with employment or other agreements entered into between the Participant and the Employer.

  • For each Plan Year, an Employer, in its sole discretion, may, but is not required to, credit any amount it desires to any Participant's Company Contribution Account under this Plan, which amount shall be for that Participant the Annual Company Contribution Amount for that Plan Year.


More Definitions of Contribution Account

Contribution Account. The meaning specified in Section 10.3(e).
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. The account established pursuant to Section 10.3(f).
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 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.