Xxxx Deferral. Xxxx Deferral means an Elective Deferral (including a Catch-Up Deferral or an Automatic Deferral) which a Participant irrevocably designates as a Xxxx Deferral under Code §402A at the time of deferral and which is subject to income tax when made to the Plan. In the case of an Automatic Deferral, see Section 3.02(B)(7).
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Samples: Adoption Agreement (Knowles Corp), Plan and Trust Agreement (Finisar Corp)
Xxxx Deferral. Xxxx Deferral means an Elective Deferral (including a Catch-Up Catch‑Up Deferral or an Automatic Deferral) which a Participant irrevocably designates as a Xxxx Deferral under Code §402A at the time of deferral and which is subject to income tax when made to the Plan. In the case of an Automatic Deferral, see Section 3.02(B)(73.02(B).
Appears in 1 contract
Xxxx Deferral. Xxxx Deferral means an Elective Deferral (including a Catch-Up Deferral or an Automatic Deferral) which a Participant irrevocably designates as a Xxxx Deferral under Code §402A at the time of deferral and which is subject to income tax when made to the Plan. In the case of an Automatic Deferral, see the Plan makes such irrevocable designation in accordance with Section 3.02(B)(73.02(B).
Appears in 1 contract
Samples: willamette.edu
