Elective Deferral definition

Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

Elective Deferral means a contribution to the Plan made by a Participant pursuant to a Deferral Election Agreement that the Participant enters into with the Company. Elective Deferrals shall be made according to the terms of the Plan set forth in Section 4.1.1.

Elective Deferral means an elective deferral under § 1.402(g)–1 (with respect to an employer contribution to a sec- tion 403(b) contract) and any other amount that constitutes an elective de- ferral under section 402(g)(3).

Examples of Elective Deferral in a sentence

• Maximum Elective Deferral or Roth 401(k)/403(b)/457(b) salary reduction contribution: (you must check only one) My elective deferral/salary reduction contribution does not exceed the Basic Limit (the lesser of my includible compensation or $19,500).

• Maximum Elective Deferral or Roth 401(k)/403(b)/457(b) salary reduction contribution: (you must check only one) My elective deferral/salary reduction contribution does not exceed the Basic Limit (the lesser of my includible compensation or $20,500).

• Contributions and withdrawals of Roth Elective Deferrals will be credited and debited to the Roth Elective Deferral account maintained for each Participant.

• Gains, losses, and other credits or charges must be separately allocated on a reasonable and consistent basis to each Participant’s Roth Elective Deferral account and the Participant’s other accounts under the Plan.

• No contributions other than Roth Elective Deferrals and properly attributable earnings will be credited to each Participant’s Roth Elective Deferral account.

More Definitions of Elective Deferral

Elective Deferral means the Employer contributions made to the Plan at the election of the Participant in lieu of receiving cash compensation. Elective Deferrals are limited to pre-tax salary reduction contributions, unless the Plan permits Roth 403(b) Contributions under Section 10.

Elective Deferral means any Employer contributions made to the Plan at the election of the Participant in lieu of cash Compensation pursuant to Section 4.2. With respect to any taxable year, a Participant’s Elective Deferrals is the sum of all employer contributions made on behalf of such Participant pursuant to an election to defer under any qualified cash or deferred arrangement (“CODA”) described in Code Section 401(k), any salary reduction simplified employee pension described in Code Section 408(k)(6), any SIMPLE IRA plan described in Code Section 408(p) and any plan described under Code Section 501(c)(18), and any employer contributions made on the behalf of a Participant for the purchase of an annuity contract under Code Section 403(b) pursuant to a salary reduction agreement. Elective Deferrals shall not include any deferrals properly distributed as excess Annual Additions pursuant to Section 4.10(a).

Elective Deferral means amounts subject to the Contribution Dollar Limit.

Elective Deferral means Pre-Tax Contributions and Roth Contributions.

Elective Deferral means an employer contribu-

Elective Deferral means the amount of Compensation a Participant elects to defer pursuant to Article III of the Plan.

Elective Deferral means the portion of Compensation that is deferred by a Participant under Section 4.1.