Common use of Separate Accounting Clause in Contracts

Separate Accounting. Our policies may permit separate accounting to be applied to your Xxxx XXX for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the Xxxx XXX assets if separate accounting applies. Federal Income Tax Status of Your Xxxx XXX.

Separate Accounting. Our policies may permit separate accounting to be applied to your Xxxx XXX SIMPLE IRA for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the Xxxx XXX SIMPLE IRA assets if separate accounting applies. Federal Income Tax Status of Your Xxxx XXX.

Separate Accounting. Our policies may permit separate accounting to be applied to your Xxxx XXX for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the Xxxx XXX assets if separate accounting applies. Federal Income Tax Status of Your Xxxx XXX.

Separate Accounting. Our policies may permit separate accounting to be applied to your Xxxx XXX IRA for the benefit of your beneficiaries. If permitted, separate accounting must be applied in accordance with Treasury Regulation 1.401(a)(9)-8, Q&A 2 and 3. A beneficiary is considered the only designated beneficiary of his/her share of the Xxxx XXX IRA assets if separate accounting applies. Federal Income Tax Status of Your Xxxx XXX.