Common use of Section 3121 wages Clause in Contracts

Section 3121 wages. 415(c) Compensation is defined as wages within the meaning of Code section 3121(a), for purposes of calculating Social Security taxes, but determined without regard to the wage base limitation in Code section 3121(a)(1), the limitations on the exclusions from wages in Code section 3121(a)(5)(C) and (D) for elective contributions and payments by reason of salary deferral agreements, the special rules in Code section 3121(v), any rules that limit covered employment based on the type or location of an Employee’s Employer, and any rules that limit remuneration included in wages based on familial relationship or based on the nature or location of the employment or the services (such as the exceptions to the definition of employment in Code section 3121(b)(1) through (20)).

Section 3121 wages. 415(c) Compensation is defined as wages within the meaning of Code section 3121(a), for purposes of calculating Social Security taxes, but determined without regard to the wage base limitation in Code section 3121(a)(1), the limitations on the exclusions from wages in Code section 3121(a)(5)(C) and (D) for elective contributions and payments by reason of salary deferral agreements, the special rules in Code section 3121(v), any rules that limit covered employment based on the type or location of an Employee’s 's Employer, and any rules that limit remuneration included in wages based on familial relationship or based on the nature or location of the employment or the services (such as the exceptions to the definition of employment in Code section 3121(b)(1) through (20)).