Rollover Account definition

Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.
Rollover Account means the Account or Accounts established and maintained in respect of a Participant or a Beneficiary who is a Participant’s Surviving Spouse or, if applicable, by a spousal Alternate Payee, pursuant to Section 5.2(c).
Rollover Account means the account established and maintained for each Participant who has made a Rollover Contribution to the Trust or whose accrued benefit from another qualified plan has been transferred to this Trust in accordance with Section 5.03 of the Plan, and all earnings and appreciation thereon, less any withdrawals therefrom and any losses and expenses charged thereto.

Examples of Rollover Account in a sentence

  • Amounts deposited from time to time into the Rollover Account pursuant to this Section 6.6.1 are referred to herein as the “Rollover Funds”.

  • A rollover contribution or transfer shall be maintained in a Participant's Rollover Account, provided that the Committee shall maintain a separate accounting for the amount transferred and its share of the income.

  • A Participant may take withdrawals from the Rollover Account at such time as the Committee shall designate, but not more than quarterly during a Plan Year, provided that no single withdrawal shall be less than the total amount available for withdrawal or five hundred dollars ($500) whichever is less.

  • A rollover contribution or transfer shall be maintained in a Participant's Rollover Account and Transfer Account, respectively.

  • Contributions described in this paragraph shall be posted to the applicable Employee's Rollover Account as of the date received by the Trustee.


More Definitions of Rollover Account

Rollover Account means an Account established by a Participant in which amounts are deposited in accordance with Article VIII, Section 3(c), of the Plan.
Rollover Account means any of the accounts so designated and provided for in Section 6.01(e).
Rollover Account means a Participant's Rollover Amount, plus amounts credited/debited in accordance with all the applicable crediting/debiting provisions of this Plan that relate to the Participant's Rollover Account, less all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Rollover Account
Rollover Account means the separate account established and maintained by the Administrator for each Participant with respect to such Participant’s interest in the Plan resulting from amounts that are rolled over from another plan or Individual Retirement Account in accordance with Section 4.12. Amounts in the Rollover Account are nonforfeitable when made.
Rollover Account shall have the meaning set forth in Section 7.4.1 hereof.
Rollover Account means a Participant’s account to which are credited the (a) Participant’s Rollover Contributions, if any, (b) amounts, if any, transferred to a Participant’s Account from a Prior Plan which were derived from such Participant’s rollover contributions to such Prior Plan, and (c) earnings and losses thereon.
Rollover Account means the portion of the Trust Fund, which, with respect to a Member or Deferred Member, is attributable to