Includible Compensation. (a) Except as provided below in the case of independent contractors, Includible Compensation means (check one): X Safe Harbor Compensation as described in Code section 415(c)(3) and the regulations promulgated thereunder. □ Code section 3401(a) wages (as modified by Code section 415(c)(3) and the regulations promulgated thereunder). □ Information required to be reported under Code sections 6041, 6051, and 6052 (e.g., the “Wages, Tips and Other Compensation” box on Form W-2) (as modified by Code section 415(c)(3) and the regulations promulgated thereunder). □ Other (please specify a definition that complies with the requirements of Code section 415(c)(3) and the regulations promulgated thereunder (including any optional inclusions/exclusions under Code section 415(c)(3)): The Includible Compensation of independent contractors eligible to participate in the Plan pursuant to an election under Item 5(b) shall be determined in accordance with the special rules for self-employed individuals in Code section 415(c)(3)(B) and the regulations promulgated thereunder.
Includible Compensation. The Participant's wages, salaries or other remuneration received for personal services actually rendered in the course of employment with the Employer and any other amounts treated as compensation under Section 415 of the Code. Such Includible Compensation shall be determined under the most recent year of service pursuant to Section 403(b)(4) IRC and which precedes the taxable year by no more than five years. For taxable years beginning after 12/31/97, such term includes any elective deferral described in Section 402(g)(3) and any amount which is contributed or deferred by the Employer at the election of the Employee and which is not includible in the gross income of the Employee by reason of Sections 125, 132(f)(4) or 457 IRC.
Includible Compensation. An Employee’s actual wages in box 1 of Form W-2 for a year for services to the Employer, but subject to a maximum of $200,000 (or such higher maximum as may apply under section 401(a)(17) of the Code) and increased (up to the dollar maximum) by any compensation reduction election under section 125, 132(f), 401(k), 403(b), or 457(b) of the Code (including an election to defer Compensa- tion under Section 4).
Includible Compensation. Compensation in excess of $200,000 (or such other amount as the Secretary of the Treasury may prescribe by the regulations issued under Section 416 of the Code) shall be disregarded in determining a Participant's benefit with respect to Top Heavy Plan Years, and, in the case of a defined benefit plan, with respect to years prior to and including such Top Heavy Plan Years; provided, however, that this paragraph shall not reduce the accrued annual benefit of any Participant determined as of the end of the last year before the plan became a Top Heavy Plan (but ignoring any plan amendments subsequent to the date).
Includible Compensation. An Employee's actual wages in box 1 of Form W-2 for a year for services to the Employer, but subject to a maximum of $200,000 (or such higher maximum as may apply under Section 401(a)(17) of the Code) and increased (up to the dollar maximum) by any compensation reduction election under Section 125, 132(f), 401(k), 403(b), or 457(b) of the Code (including any Elective Deferral under the Plan). The amount of Includible Compensation is determined without regard to any community property laws.
Includible Compensation. The definition of Includible Compensation set forth in the Adoption Agreement.
Includible Compensation. For any Employee (or former Employee), the following amounts that are, or were, paid to the Employee (or former Employee) by the Employer over the latest period of the Employee’s (or former Employee’s) employment that constitutes the Employee’s Most Recent One-Year Period of Service under this Plan (as defined in Section 2.5(g)):
Includible Compensation. The Participant’s wages, salaries or other remuneration received for personal services actually rendered in the course of the em- ployment with the Employer and any other amounts treated as compensation under Section 415 of the Code. Such Includible Compensation shall be deter- mined under the most recent year of service pursu- ant to Section 403(b)(4) of the Code. For taxable years beginning after 12/31/97, such term includes any elective deferral described in Section 402(g)(3) of the Code and any amount which is contributed or deferred by the Employer at the election of the Employee and which is not includible in the gross income of the Employee by reason of Sections 125 or 457 of the Code.
Includible Compensation. Includible Compensation of a Participant means “compensation,” as defined in Section 415(c)(3) of the Code, for services performed for the Employer. Includible Compensation shall be determined without regard to any community property laws. For purposes of a Participant’s Joinder Agreement only and not for purposes of the limitations in Article V, Includible Compensation shall include pre-tax contributions (excluding direct employer contributions) to an integral part trust of the employer providing retiree health care benefits.
Includible Compensation. Includible Compensation means the Employee’s Compensation received from the Employer that is includible in the Participant’s gross income for Federal income tax purposes (computed without regard to Code §911, relating to United States citizens or residents living abroad), including Differential Wage Payments, for the most recent period that is a Year of 403(b) Service. Includible Compensation also includes any Elective Deferral or other amount contributed or deferred by the Employer at the election of the Employee that would be includible in the Employee’s gross income but for the rules of Code §§125, 132(f)(4), 402(e)(2), 402(h)(1)(B), 402(k), or 457(b). Includible Compensation does not include any Compensation received during a period when the Employer is not an Eligible Employer or any Compensation, other than Post-Severance Compensation, paid after Severance of Employment. The amount of Includible Compensation is determined without regard to any community property laws. Except as provided in Treas. Reg. §1.401(a)(17)-1(d)(4)(ii) with respect to eligible participants in governmental plans, the amount of Includible Compensation of any Participant taken into account in determining contributions will not exceed $270,000, as adjusted for cost-of-living increases in accordance with Code §401(a)(17)(B) for periods after 2017.
