Salary Reduction Contributions means contributions made under the Cafeteria Plan based on an election by a Participant to have amounts withheld from the Participant’s compensation on a pre-tax or after-tax basis to pay for benefits or coverage provided under a Component Benefit.
Salary Reduction Contributions means, unless otherwise expressly provided herein, Elective Deferral Contributions, Catch-Up Contributions, Roth Elective Deferral Contributions, and Roth Catch-Up Contributions.
Salary Reduction Contributions mean Employer contributions elected by a Participant to be made from the Participant's Compensation pursuant to a salary reduction agreement and which the Plan Administrator must allocate to the electing Participant's Account.
Examples of Salary Reduction Contributions in a sentence
Funding Vehicle & Amount of After-Tax Salary Reduction Contributions to the Roth 403(b): Part 5b.
Funding Vehicle & Amount of Pre-Tax Salary Reduction Contributions to the 457(b): Part 5c.
Funding Vehicle & Amount of After-Tax Salary Reduction Contributions to the Roth 403(b): Amount Per Pay (select one)* Part 5b.
Funding Vehicle & Amount of Pre-Tax Salary Reduction Contributions to the 457(b): Amount Per Pay (select one)* Part 5c.
The Plan Administrator will disregard Salary Reduction Contributions exceeding % of the Participant's Compensation.
More Definitions of Salary Reduction Contributions
Salary Reduction Contributions means the amount by which an Eligible Employee or a Participant agrees to reduce his salary from his Employer, which reduction shall be equal to a percentage of his Compensation (excluding bonuses) per payroll period, which shall not be less than one percent (1%) or more than sixty-five percent (65%) of Compensation for such Eligible Employee or Participant.
Salary Reduction Contributions means, for any Participant, contributions on his behalf as provided in Section 3.1(a).
Salary Reduction Contributions means amounts contributed by the Company or a Participating Employer on behalf of Participants pursuant to the provisions of section 4.1 of the Plan.
Salary Reduction Contributions means pre-tax elective contributions within the meaning of Section 401(k) of the Code and the regulations thereunder made by Participants in accordance with Paragraph 5.3. Salary Reduction Contributions are subject to the limitations of Article XV.
Salary Reduction Contributions means a Participant’s elective contributions described in Section 2.1. Salary Reduction Contributions are comprised of two components: Regular Salary Reduction Contributions and Catch-up Contributions.
Salary Reduction Contributions means contributions made to the Trust by the Employer in accordance with Section 4.01 hereof as a result of the election by Participants to contribute part of their Compensation.
Salary Reduction Contributions means a Participant’s affirmative elective contributions and default elective contributions described in Sections 2.1, 2.2 and 2.3.