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 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.
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).

Examples of Rollover Account in a sentence

  • If the Plan allows for Rollover Contributions under AA §C-2 or After-Tax Employee Contributions under AA §6C, unless elected otherwise under this AA §10-2, a Participant may take an in- service distribution from his/her Rollover Account and After-Tax Employee Contribution Account at any time.

  • If the Plan allows for Rollover Contributions under AA §C-2 or After-Tax Employee Contributions under AA §6-6, unless elected otherwise under this AA §10-2, a Participant may take an in- service distribution from his/her Rollover Account and After-Tax Employee Contribution Account at any time.

  • A payment from an Eligible Rollover Account may be subject to a 10% early withdrawal tax.

  • The amounts credited to a Participant’s Eligible Rollover Account, income, gains, losses, and distributions, if any, shall be included in the report provided to the Participant under subparagraph (a).

  • Upon approval by the Administrator, the amount rolled over shall be deposited in the Trust fund and shall be credited to the Participant’s Rollover Account.


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 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 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 shall have the meaning set forth in Section 6.5.1 hereof.
Rollover Account means the account established and maintained under this Plan by the Committee to record a Participant's interest under this Plan attributable to (i) Rollover Contributions made by such Participant to this Plan pursuant to Section 3.9, (ii) any amounts credited to his or her Rollover Contribution Account under the Superseded Plan as in effect on September 30, 1997, and (iii) any amounts credited to his or her Rollover Account under the Mesa Profit-Sharing Plan as in effect on September 30, 1997.
Rollover Account means the portion of the Trust Fund, which, with respect to a Member or Deferred Member, is attributable to