Common use of Age 50 Catch-up Elective Deferral Contributions Clause in Contracts

Age 50 Catch-up Elective Deferral Contributions. An Employee who is a Participant who will attain age 50 or more by the end of the calendar year is permitted to elect an additional amount of Elective Deferrals and, if applicable, Xxxx 403(b) Contributions, up to the maximum age 50 catch-up Elective Deferrals for the year. The maximum dollar amount of the age 50 catch-up Elective Deferrals and, if applicable, Xxxx 403(b) Contributions for a year is $5,000 for 2008, and is adjusted for cost-of-living after 2008 to the extent provided under the Code.

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

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Age 50 Catch-up Elective Deferral Contributions. An If permitted by the Plan, an Employee who is a Participant who will attain age 50 or more by the end of the calendar year is permitted to elect an additional amount of Elective Deferrals and, if applicable, and/or Xxxx 403(b) Contributions, up to the maximum age 50 catch-up Elective Deferrals or Xxxx 403(b) Contributions for the year. The maximum dollar amount of the age 50 catch-up Elective Deferrals and, if applicable, or Xxxx 403(b) Contributions for a year is $5,000 for 2008, and is adjusted for cost-of-living after 2008 thereafter to the extent provided under the Code.

Appears in 2 contracts

Samples: Plan Adoption Agreement, Plan Adoption Agreement

Age 50 Catch-up Elective Deferral Contributions. An Employee who is a Participant who will attain age 50 or more by the end of the calendar year is permitted to elect an additional amount of Elective Deferrals and, if applicable, Xxxx 403(b) ContributionsDeferrals, up to the maximum age 50 catch-up Elective Deferrals for the year. The maximum dollar amount of the age 50 catch-up Elective Deferrals and, if applicable, Xxxx 403(b) Contributions for a year is $5,000 5,500 for 20082009, and is adjusted for cost-of-living after 2008 2009 to the extent provided under the Code.

Appears in 1 contract

Samples: www.mpsaz.org

Age 50 Catch-up Elective Deferral Contributions. An Employee who is a Participant who will attain age 50 or more by the end of the calendar year is permitted to elect an additional amount of Elective Deferrals and, if applicable, Xxxx 403(b) Contributions, up to the maximum age 50 catch-up Elective Deferrals for the year. The maximum dollar amount of the age 50 catch-up Elective Deferrals and, if applicable, Xxxx 403(b) Contributions for a year is $5,000 6,000 for 20082016, and is adjusted for cost-of-of- living after 2008 2016 to the extent provided under the Code.. EXHIBIT-4155.1

Appears in 1 contract

Samples: www.wpsd.us

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Age 50 Catch-up Elective Deferral Contributions. An Employee who is a Participant who will attain age 50 or more by the end of the calendar year is permitted to elect an additional amount of Elective Deferrals and, if applicable, Xxxx 403(b) ContributionsDeferrals, up to the maximum age 50 catch-up Elective Deferrals for the year. The maximum dollar amount of the age 50 catch-up Elective Deferrals and, if applicable, Xxxx 403(b) Contributions for a year is $5,000 for 2008, and is adjusted for cost-of-living after 2008 to the extent provided under the Code.

Appears in 1 contract

Samples: www.stamfordpublicschools.org

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