Direct Plan definition

Direct Plan means the college savings plan established as part of the Program in which accounts may be established directly with SIB as facilitated by the Contractor rather than through a financial professional the Contractor rather than through a financial professional such as an independent financial consultant, a broker-dealer, or a bank.
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Examples of Direct Plan in a sentence

  • The effective date of this Addendum will be on or about the first business day after your request to participate in the Direct Program with us or the first day you accept American Express Cards under the Direct Plan.

  • Self Assessment Goals Unannounced Formal Formative Unannounced Formal Summative SDP - Direct Plan (1 year) 9/15 10/15 X X X X X X In order to attain Professional Teacher Status, the Educator shall achieve ratings of proficient or exemplary on Performance Standard I and II on their most recent evaluation.

  • Provider may submit claims beyond one-hundred-eighty (180) days in instances where the Member has been retroactively enrolled in the NC Medicaid Program or the Alliance Medicaid Direct Plan, or where the Member has primary insurance which has not yet paid or denied its claim.

  • The Company shall provide timely notice of the setting of the Final Exercise Date and termination of the Direct Plan in accordance with the Direct Plan.

  • For purposes of the Reallocation Limit (i) any reallocation of assets in an account you own for the same Beneficiary in the Direct Plan or in any other CollegeAdvantage Program will be considered a reallocation of Account assets and (ii) any transfer of assets in your Account to an account you own for the same Beneficiary in the Direct Plan or in any other CollegeAdvantage Program will be considered a reallocation of Account assets.

  • The Direct Plan shall terminate immediately following the Effective Time, and the Plan Administrator shall direct the Company to distribute to each participant the Per Share Merger Consideration held in his or her account as soon as administratively practicable; provided that such termination and all of the related foregoing actions shall be contingent upon the occurrence of the Effective Time.

  • Additionally, if you invest through a Financial Intermediary that maintains an omnibus account and you have additional Plan Accounts in the Plan or in the Direct Plan, you must notify your financial professional and the Plan, in advance, about your other Accounts so that certain Plan features and privileges are properly applied to your Accounts.

  • The Direct Plan will periodically review this Privacy Policy and its related practices and procedures.

  • A transfer into a Plan Account from an account in the Direct Plan for the benefit of the same Beneficiary will be treated as a nontaxable (for federal income tax purposes) investment reallocation allowable only twice per calendar year, not as a Rollover or transfer.

  • Federal Tax Benefits including all accounts in the Direct Plan and ▇▇▇▇ Advisor Plan for the same Beneficiary, has a market value equal to or in excess of this limit.