Maximum Salary Reduction Sample Clauses

Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral Amount Annual Catch-up Amount* 2021 $19,500 $6,500 2022 $20,500 $6,500 *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually.
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Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amount for that year. See instructions.
Maximum Salary Reduction. I understand that the total amount of my salary reduction contribution for the matching plan and voluntary plan in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral amount Annual Catch-up Amount* 2021 $19,500 $6,500 Employee Signature Date Director of Human Resources Signature Date Return this form to Human Resources, Memorial Building, Room 104 or email to XX@Xxxxxxx.xxx *ELIGIBILTY REQUIREMENTS can be found on the HR website at xxxxx://xxx.xxxxxxx.xxx/human-resources/benefits/retirement *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually. The amount must not exceed the statutory limitation under IRC Section 414(v).
Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed $6,000*. ----------- * This amount will be adjusted to reflect any annual cost-of-living increases announced by the IRS.
Maximum Salary Reduction. If I will be under age 50 by the end of the relevant year, I understand that the total amount of my salary reduction contributions cannot exceed $14,000* for 2022. If I will be age 50 or over by the end of the relevant year, I understand that the total amount of my salary reduction contributions cannot exceed $17,000* for 2022. *These amounts may be adjusted to reflect any annual cost-of-living increases announced by the IRS.
Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed $6,000.
Maximum Salary Reduction. (1) No Player’s contract shall be renewed pursuant to paragraph 10(a) of the Uniform Player’s Contract in any year for a salary which constitutes a reduction in excess of 20% of his previous year’s salary or in excess of 30% of his salary two years previous. For the purposes of this section, the “salary” of a Player with a salary stipulated in paragraph 2 of his Major League contract of less than the then applicable Major League minimum salary shall be deemed to be the greater of either (a) the total amount of his actual baseball salary earnings from Major League Clubs (and from Minor League clubs if any) in that season or (b) the amount stipulated in paragraph 2 of his Major League contract for that season.
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Maximum Salary Reduction. 18485 • MLB: Coll. Xxxx. (TEXT) • Major League Baseball • PU 6640 + email • le 2/7/07 11:34, aaxs le 2/15/07 11:56, aaxs le 3/1/07, crx le 3/2/07 11:24, aaxs le 3/16/07 3:19 aaxs le 3/21/07 10:15, aaxs le 4/24/07 5:16, AAXS LE 4/25/07 11:56, aaxs le 5/20/07 10:16 + 3:25
Maximum Salary Reduction. You understand that the total amount of your salary reduction contributions cannot exceed $14,000 for 2022. Employees age 50 or older may be able to make an additional catch-up elective deferral contribution to their SIMPLE IRA. Employees should consult their employer for more information about this additional catch-up contribution.
Maximum Salary Reduction 
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