Optional Account definition

Optional Account means the separate account maintained on behalf of a Member in accordance with paragraph 16.01(c).
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Optional Account means the account which may be established and maintained pursuant to Article V hereof for a Member for his Elective Bank Contributions. The Optional Account consists of two subaccounts, Optional Account A which includes Bank Contributions made on account of Plan Years ending before October 1, 1980 and earnings thereon and Optional Account B which includes the remaining portion of the Optional Account.
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Examples of Optional Account in a sentence

  • Optional Account Guard Feature (“ACCT Guard”): As described above in the section labeled, “Using Your Card/Features,” a Cardholder generally does not have the right to make transactions or incur fees in amounts exceeding the available balance of the Card Account.

  • Tax Optional Account ------------------------------------------------------------------- and/or Rollover Account.

  • In-Service Non-Hardship Withdrawals from After-Tax Optional Account and/or Rollover Account....................................

  • Late Payment $20.00 Returned Payment $20.00 Optional Account Protection Plan Credit Life: $0.07 per $100 balance at the end of each statement period.

  • A Participant who is employed by the Employer may make ----------------------- non-hardship withdrawals in whole or in part from his After-Tax Optional Account and/or Rollover Account.

  • A Participant who is employed by the Employer may make non-hardship withdrawals in whole or in part from his After-Tax Optional Account and/or Rollover Account.

  • Tax Basic Account, Pre-Tax Optional Account and/or QNEC Account.......................................

  • Hardship Withdrawals from After-Tax Basic Account, Pre-Tax Optional Account and/or QNEC Account..........................................

  • Hardship Withdrawals from After-Tax Optional Account and/or Rollover Account..............................