After-Tax Contribution Account definition

After-Tax Contribution Account means a Participant’s Basic After-Tax Contribution Account or his or her Supplemental After-Tax Contribution Account.
After-Tax Contribution Account means the Account established for a Participant to record After-Tax Contributions and after-tax contributions made under the terms of a Prior Plan and transferred to this Plan, as adjusted for gains, including earnings, and losses.
After-Tax Contribution Account means a separate Account maintained for a Member or Beneficiary that is credited with After-Tax Contributions made by the Member, including any Contributions made by the Church or Employer which are recharacterized as After-Tax Contributions, along with any earnings or losses on those Contributions.

Examples of After-Tax Contribution Account in a sentence

  • If the Participant elects to receive any withdrawal in cash from the Investment Funds (other than Company Stock), such amounts shall be withdrawn (i) from the Investment Funds (other than Company Stock) in the Supplemental After-Tax Contribution Account until exhausted and (ii) then from the Investment Funds (other than Company Stock) in the Basic After-Tax Contribution Account until exhausted.

  • If the Participant elects to receive any withdrawal in Company Stock or cash from Company Stock, such amounts will be withdrawn (i) from the Company Stock in the Supplemental After-Tax Contribution Account until exhausted and (ii) then from the Company Stock in the Basic After-Tax Contribution Account until exhausted.

  • A Participant may make After-Tax Contributions to the Plan by filing a salary reduction notice authorizing the Employer to reduce the after-tax Compensation otherwise payable to the Participant by a designated whole percentage (up to the limit specified in subsection (b)), and deposit such amounts into the Participant’s After-Tax Contribution Account.

  • Shares of Company Stock and other amounts that are withdrawn by a Participant under this Section 6.1 shall be charged to his or her respective After-Tax Contribution Account.

  • A Participant, who has withdrawn all of his or her After-Tax Contributions available under subsections (a), (b) and (c) in both Company Stock and in Investment Funds (other than Company Stock), may then withdraw from the Trust any or all of the amount remaining in his or her After-Tax Contribution Accounts (other than the Basic After-Tax Contribution Account, in the case of a Participant who has not completed five or more Years of Service).


More Definitions of After-Tax Contribution Account

After-Tax Contribution Account means that portion of a Participant's Account attributable to his or her own After-Tax Contributions and the Participant's proportionate share of the Adjustments attributable to this After-Tax Contribution Account.
After-Tax Contribution Account means the account maintained for a Participant to record After-Tax Contributions made on his behalf by the Employer, as well as earnings and losses which accrue on such contributions.
After-Tax Contribution Account means the Account to which is credited a Participant’s After-Tax Contributions and earnings or losses on those contributions.
After-Tax Contribution Account means the separate account of a Participant established and maintained in accordance with Section 3.5.
After-Tax Contribution Account means the subaccount maintained as a part of a Participant’s Account to show his or her interest attributable to the Participant’s After-Tax Contributions and amounts attributable to after-tax contributions under another qualified plan transferred pursuant to a merger or other event described in Section 14.3 to the extent described in Appendix 14.3.
After-Tax Contribution Account which shall reflect a Participant’s interest in after-tax contributions previously made by a Participant to the Fund or transferred to the Plan in a trust-to-trust transfer.
After-Tax Contribution Account means the account maintained for a Participant to record After-Tax Contributions made on his behalf by the Employer and to