Examples of Before-Tax Contributions Account in a sentence
Each Account so transferred from the Prior Plan shall continue under this Plan as a Prior Plan Before-Tax Contributions Account, a Prior Plan Employer Contributions Account or a Prior Plan Rollover Contributions Account (the "Prior Plan Accounts").
An amount to the Participant’s Before-Tax Contributions Account that is equal to the amount of the Participant’s Before-Tax Contributions pursuant to Section 5.1 and that qualifies for tax treatment under Code Section 401(k), and an amount to the Participant’s Roth Contribution Account that is equal to the amount of the Participant’s Roth Contributions pursuant to Section 5.2(e) and that qualifies for tax treatment under Code Section 402A.
The administration of the Plan is assigned to the Board of Directors, which may delegate its powers, duties and responsibilities to one or more of its members, also severally and with the possibility to sub-delegate, for implementing its decisions regarding the Plan.Every decision taken by the Board of Directors, or the parties it has delegated, concerning the interpretation and application of the Plan, is final and binding for the parties involved.
All such contributions shall be credited to the Member’s Before-Tax Contributions Account pursuant to procedures established by Servant Solutions from time to time, and shall be fully vested at all times.
The DOFI Plan account attributable to before-tax contributions shall be held in the Before-Tax Contributions Account.