TRAC definition
Examples of TRAC in a sentence
Students who successfully complete courses from the approved categories below can have their credits transferred and counted towards graduation at any of the participating PA TRAC colleges and universities.
BOSTON FINANCIAL shall maintain individual Participant Accounts on its records on TRAC in the name of the custodian for the benefit of the individual Participants.
With respect to SIMPLE IRAs, upon receipt of participant and beneficiary information (collectively, “Participant”) and demographic data from the employer sponsoring a SIMPLE ▇▇▇ Plan (“Plan Sponsor”), BOSTON FINANCIAL shall enter such data into TRAC for the Plan and provide for the operation and maintenance of Plan records on TRAC.
The Commissioner of Internal Revenue may terminate all TRAC agreements at any time following a significant statutory change in the FICA taxation of tips.
This TRAC agreement is effective on the first day of the first calendar quarter following the date the Service Representative signs the TRAC agreement.
This TRAC agreement is effective with respect to an additional establishment on the first day of the quarter in which notification of the additional establishment is made.
The parties will send all correspondence pertaining to this TRAC agreement, including a notice of termination, to the addresses stated below, unless notified in writing of a change of address.
The collections of information are required to obtain the benefits available under the TRAC agreement.
With respect to the Savings Incentive Match Plan for Employee Individual Retirement Accounts (“SIMPLE IRAs”) offered by the Trust in connection with the Shares, BOSTON FINANCIAL, utilizing the DST TRAC System (“TRAC”) will perform services in connection with SIMPLE IRAs as set forth in Schedule 4.L., attached hereto.
Non-research organisations that are not required to implement TRAC must have a robust costing methodology in place that has been validated in order to apply their own estates and indirect cost rates.