Before-Tax Contributions definition

Before-Tax Contributions means the contributions of the Employer made in accordance with the Compensation Reduction Agreements of Participants pursuant to Section 3.1.

Before-Tax Contributions means a Member’s Salary Redirection Contribution which is not subject to income tax at the time deferred and has been irrevocably designated as Before-Tax Contributions by the Member in her his or her Salary Reduction Agreement. A Member’s Before-Tax Contributions will be separately accounted for, as will gains and losses attributable to those Before Tax Contribution.

Before-Tax Contributions means contributions which the Member elects (in accordance with Section 4.01(b)) to have the Employer make directly to the Plan on behalf of the Member, which election shall constitute an election under Code Section 401(k)(2)(A). The “Member’s Before-Tax Contributions” shall refer to Before-Tax Contributions made to the Plan by the Employer on behalf of the Member.

Examples of Before-Tax Contributions in a sentence

• This process shall be repeated until the Before-Tax Contributions of Highly Compensated Employees have been reduced by an amount equal to the Excess Contributions determined under clause (ii).

• Such irrevocable Salary Reduction Agreement shall be applicable to all payroll periods during the following Plan Year and shall provide that the Participant agrees to a reduction in Base Pay from the Employer equal to the maximum Before-Tax Contributions election during such Plan Year.

• The portion of the Participant's Account attributable to Before-Tax Contributions that is available for withdrawal shall not exceed the total Before-Tax Contributions made under the Plan to the date of distribution (disregarding earnings on such contributions except those earnings credited as of December 31, 1988) reduced by the amount of any prior distributions.

• For purposes of determining the necessary reduction, Before-Tax Contributions previously distributed pursuant to Section 6.1 shall be treated as distributed under this Section.

• Notwithstanding anything in Article VI to the contrary, if a Participant's Before-Tax Contributions election set forth in his Salary Reduction Agreement cannot be honored because no additional Before-Tax Contributions can be made on his behalf for the calendar year due to limitations imposed by the Plan or applicable federal law, then the following provisions apply.

More Definitions of Before-Tax Contributions

Before-Tax Contributions means the contributions made by an Employer on behalf of a Participant pursuant to the Participant's election to reduce Compensation as described in section 4.1(a).

Before-Tax Contributions means Participant contributions which are made on a before-tax basis pursuant to Article IV and is then contributed to the Trust by the Employer. Before-Tax Contributions shall also include Catch-Up Contributions, unless otherwise indicated herein.

Before-Tax Contributions means those amounts contributed to the Plan as a result of a salary or wage reduction election made by the Participant in accordance with Article V, to the extent such contributions qualify for treatment as contributions made under a “qualified cash or deferred arrangement” within the meaning of Section 401(k) of the Code.

Before-Tax Contributions means the contributions made to the Plan by the Employer on behalf of a Participant who has elected to reduce his Compensation by a like amount pursuant to Section 3.1.

Before-Tax Contributions means Before-Tax Contributions described in Sections 4.1(a) and (b).

Before-Tax Contributions means those voluntary salary deferrals made to the Plan at the election of a Member pursuant to a Salary Reduction Agreement, as provided in Section 4.01.

Before-Tax Contributions means contributions made by an Employer pursuant to an election by the Participant to reduce the cash Compensation otherwise currently payable by an equivalent amount, in accordance with the provisions of Section 3.1.