Examples of Catch-Up Contribution in a sentence
However, in the event the Plan permits Catch-Up Contributions, then any "HCE" who is eligible to make Catch-Up Contributions pursuant to Section 12.2(c) shall have any amount that would have otherwise been distributed pursuant to this Section recharacterized as a Catch-Up Contribution (up to the maximum catch-up dollar limitation).
To the extent a Highly Compensated Employee has not reached his or her Catch-Up Contribution limit under the Plan, Excess Contributions allocated to such Highly Compensated Employee are Catch-Up Contributions and will not be treated as Excess Contributions.
Catch-up Contributions for a Participant for a taxable year may not exceed the Catch-Up Contribution Limit.
The results of subsidiary companies acquired or disposed during the financial year are included in the consolidated income statement from the date of their acquisition up to the date of disposal.
If the Plan does not provide for Catch-up Contributions, the Elective Deferral Dollar Limit is not increased by the Catch-Up Contribution Limit.