Control of Contract and Individual Accounts Clause Samples

Control of Contract and Individual Accounts. All of the benefits and rights granted by this Contract, or allowed by Aetna, belong to the Owner.
View SourceView Similar (4)
Control of Contract and Individual Accounts. Each Participant shall be entitled to all amounts held in his Individual Account. Each Participant shall be entitled to make any choices allowed by this Contract with respect to Individual Accounts. All other rights in the contract shall rest with the Owner. This Contract, and any Individual Accounts, shall not be subject to the claims of any creditors.
View SourceView Similar (3)
Control of Contract and Individual Accounts. All rights in this Contract rest with the Owner. The Contract Owner is entitled to all amounts held in the Active Life Fund (see section
View SourceView Similar (2)

Related to Control of Contract and Individual Accounts

  • Individual Accounts An individual account is an account owned by one depositor including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estate or payable on death (“POD”) beneficiary, if applicable.

  • Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.

  • Individual Account An individual account is an account owned by you alone, which you as the account owner use during your lifetime.

  • Traditional Individual Retirement Custodial Account The following constitutes an agreement establishing an Individual Retirement Account (under Section 408(a) of the Internal Revenue Code) between the depositor and the Custodian.

  • ▇▇▇▇ Individual Retirement Custodial Account The following constitutes an agreement establishing a ▇▇▇▇ ▇▇▇ (under Section 408A of the Internal Revenue Code) between the depositor and the Custodian.