Examples of Includible Compensation in a sentence
The premiums contributed to the 403(b) Agreement and the reduction in a Participant's Includible Compensation shall not exceed the applicable limitations for such reductions as described in the Code.
A Participant may elect to reduce his or her Includible Compensation and have such amounts contributed as premiums to the 403(b) Agreement.
Any amounts contributed as premiums to the 403(b) Agreement for a Participant's tax year shall reduce the Participant's Includible Compensation for such tax year.
Includible Compensation shall not exceed $150,000, as adjusted for increases in the cost-of-living in accordance with Section 401 (a)(17)(B) of the Code.
Includible Compensation - Shall mean the compensation received from the Employer which is includible income of the Employee as defined in Section 403(b)(3) of the Code.