Sentences with phrase «owner of the account»

A variable annuity with living benefits leaves you as owner of the account's assets and there may be money left over for your heirs.

If the supervisor indicates that you are a joint owner of the account, request that the company send you verification that you signed the cardholder agreement as a responsible party.

Depending on your relationship to the original owner of the accounts, different options may be available to you.

The minor is the sole owner of the account.

This will require that you supply certain document in order to prove that you are the right owner of the account.

Instead you have to go online and submit information to prove you are the true owner of the account.

Though some similarities exist, the applicable rules are dependent on whether or not the new owner of the account was married to the deceased.

The biggest difference between an authorized user and a joint account owner is that the original owner of the account is the only person responsible for repaying the debt.

That means if the person succeeds in providing answers to the questions, it would be assumed that the person is the right owner of the account.

This form is used when a non-us person who is the beneficial owner of the account does not have a foreign taxpayer identification number

Joint accounts multiply the FDIC insurance limit applicable to the account (normally $ 250,000) by the number of owners of the account.

Because the spouse becomes owner of the account, he or she can make additional contributions, name beneficiaries, and avoid RMDs from a Roth IRA.

Each account owner is considered the beneficial owner of the account and not as the trustee of the Informal Trust.

Since my mother is the primary owner of the account and I am just a signee of our RBC Credit line worth 36k, How would I be -LSB-...]

I asked Sammy Kaufman and Daniel Greenberg, owners of the account @themostfamousmemes how they are building and maintaining engagement on such a large account at 6.3 million followers.

Forex Managed Account is a special account in which owner of the account grants permission to a dedicated trader or traders to trade with their equity to earn profit.

The UIDAI - Union Identification Authority of India has issued an order declaring that all bank accounts, passport, ration cards, mobile sim cards, etc. are to be linked to one's AADHAR card, as it will ensure secure verification of the respective owners of these accounts and avoid any disruptions.

First — and this is important — if the original owner of the account did not make a required minimum distribution in the year that he or she died, you must make the distribution yourself.

The legal age in which a minor established on a Custodial Account opened under the Delaware Uniform Transfer to Minors Act becomes the sole owner of that account.

The owner of the account told INSIDER that she found the image on Kiyoko's story, which has now disappeared.

Minors under 18 years of age and at least 13 years of age are permitted to use Etsy's Services only if they have the appropriate permission and direct supervision by the owner of the account.

Enter your account's credentials and your identity as the owner of the account & publisher of that book will be confirmed.

In addition, because the child will become the owner of the account, these assets will count as being 20 % available toward the cost of college and may reduce the amount of financial aid the child receives.

The new Online Banking requires each owner of the account to have their own login credentials for additional security.

Early withdrawal penalties do not apply to withdrawals made after the death of any owner of the account or to satisfy the Required Minimum Distribution after the member has attained the age of 70 1/2.

The broker will close the account and commence collections if the owner of the account does not pay the balance quickly.

If the equity in the account remains negative after closing all positions if necessary, the owner of the account shall owe the broker the balance.

If you or any owner of the account is a U.S. Citizen or U.S. Resident Alien, a Form W - 9 is required.

Note: If one owner of an account is an enrolled Platinum or Platinum Honors tier client, all co-owners can take advantage of the no - fee non-Bank of America ATM benefit, based on the enrolled owner's tier.

A 529 plan is set up in a specific beneficiary's name but the money can be rolled over or transferred into another 529 plan in the same beneficiary's name, or the beneficiary can be changed by the owner of the account.

Mary, are you listed as a joint Owner of the account, or only as an authorized user or signer but explicitly not Owner?

If the overdrawn account balance goes unnoticed and the owner of the account continues to make purchases, he may end up with a significant amount of bank account debt.

At the time of trust termination (when the owner of the account changes to the child), the money becomes solely that of the child.

This includes checks which you know or suspect are fraudulent or otherwise not authorized by the owner of the account on which the check is drawn.

King points out another one of the many online checking account benefits that appeals to him as the owner of an accounting firm: «Come tax time, you can download your full year's activity into a spreadsheet, categorize and send to your accountant, who will appreciate not getting a shoe box full of receipts,» he says.

A checking account's function is to hold money at a bank, credit union, or other financial institution, in an account that allows the owner of the account to have quick access to her money whenever it's needed, and at the same time be sure that the funds are secured by the bank.

Although the minor is the owner of the account, he or she can not control the custodial property during this time.

You are the owner of this account and you control all of the funds deposited and debited from the account.

The owner of the account has the ability to setup the distribution in a manner that best suits his or her tax, investment and estate planning goals.

Indirect rollovers occur when the owner of the account takes possession of the retirement funds and re-deposits them into another qualified retirement account.

Checks containing any alteration of which you know or believe to be fraudulent or not authorized by the owner of the account on which the check is drawn.

Custodial accounts are opened under the Uniform Transfer to Minors Act (UTMA), making the minor the owner of the account assets.

Yes, BancorpSouth does allow a minor to have an account as long as it is a multiple - party account and a parent or guardian (over the age of 18, 19 in Alabama) is a joint owner of the account.