After-Tax Contribution definition

After-Tax Contribution means a contribution made by (a) an Employee who is employed by an Employer domiciled in Puerto Rico in accordance with a Participant’s salary reduction agreement pursuant to Section 4.02(b), (b) an Employee with respect to a Plan Year beginning before January 1, 1989.
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After-Tax Contribution means a contribution made by an Employee in accordance with a Participant’s salary reduction agreement pursuant to Section 4.02(b).
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After-Tax Contribution means a contribution made by a Participant to this Plan pursuant to Section 3.4.
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Examples of After-Tax Contribution in a sentence

  • Each Participant shall be entitled to withdraw a portion or all of his After-Tax Contribution Account and his Nonforfeitable Interest in his Matching Contribution Account and his Supplemental Contribution Account.

  • In determining whether a Participant is totally nonvested for purposes of applying the Rule of Parity Break in Service rule, the Participant’s Section 401(k) Deferral Account, Employee After-Tax Contribution Account, QMAC Account, QNEC Account, Safe Harbor Nonelective Contribution Account, Safe Harbor Matching Contribution Account, and Rollover Contribution Account are disregarded.

  • To the extent applicable, the Plan Administrator may establish and maintain for a Participant any (or all) of the following separate sub-Accounts: Employer Contribution Account, Section 401(k) Deferral Account, Employer Matching Contribution Account, QMAC Account, QNEC Account, Employee After-Tax Contribution Account, Safe Harbor Matching Contribution Account, Safe Harbor Nonelective Contribution Account, Rollover Contribution Account, and Transfer Account.

  • A Participant is always fully vested in his/her Section 401(k) Deferral Account, Employee After-Tax Contribution Account, QNEC Account, QMAC Account, Safe Harbor Nonelective Contribution Account, Safe Harbor Matching Contribution Account, and Rollover Contribution Account.

  • The Employer must notify all Eligible Participants of the amendment and must provide each Eligible Participants with a reasonable opportunity (including a reasonable period) to change their Section 401(k) Deferral and/or Employee After-Tax Contribution elections, as applicable.


More Definitions of After-Tax Contribution

After-Tax Contribution. An amount contributed by an eligible Participant on an after-tax basis.
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After-Tax Contribution means a contribution to the Trust Fund made by a Participant which is included in the Participant's gross income for Federal income tax purposes for the year in which such contribution was made.
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After-Tax Contribution means the amount contributed to the Plan in accordance with Section 3.3.
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After-Tax Contribution means a Contribution made by a Member on an after-tax basis and which is not a Designated Roth Contribution or a Roth Rollover Elective Deferral.
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After-Tax Contribution means a contribution described in Section 3.3.
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After-Tax Contribution means a contribution which a Member may elect to make to the Trust Fund from his Compensation after deduction of taxes.
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After-Tax Contribution means a contribution to the Plan pursuant to the election described in Section 2.1 by the Eligible Employee, which election authorizes the Eligible Employee’s Employing Company to deduct the amount of such contribution from the portion of his Annual Benefit Salary or Wages otherwise payable currently for each payroll period without reducing the amount includible in his gross income for Puerto Rico income tax purposes.
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