Examples of Individual retirement account in a sentence
I agree to the terms of my Account, which are contained in the applicable provisions of the document entitled First National Bank of Omaha Traditional/Xxxx Individual Retirement Account Custodial Agreement and this Adoption Agreement.
I, the person signing this Adoption Agreement (hereinafter called the “Owner”), establish an Individual Retirement Account (IRA), which is either a Traditional IRA or a Xxxx XXX, as indicated below, (the “Account”) with First National Bank of Omaha as Custodian (“Custodian”).
If the Depositor maintains an Individual Retirement Account under Code Section 408(a), Depositor may convert or transfer such other IRA to a Xxxx XXX under Code Section 408A using the UMB, n.a. Xxxx XXX Adoption Agreement by completing and executing the Adoption Agreement and giving suitable directions to the Custodian and the custodian or trustee of such other IRA.
As used in this Article VIII the following terms have the following meanings: “Account” or “Custodial Account” means the SIMPLE Individual Retirement Account established using the terms of this Agreement and the Adoption Agreement signed by the Participant.
The Depositor acknowledges that he or she has received and read the current prospectus for each Fund in which his or her Custodial Account is invested and the Individual Retirement Account Disclosure Statement related to the Custodial Account.