Deferred Contributions definition
Examples of Deferred Contributions in a sentence
Furthermore, the Employer must make Salary Reduction Contributions, Cash or Deferred Contributions, Employer matching contributions (including qualified Employer matching contributions) and qualified Employer nonelective contributions no later than the time prescribed by the Code or by applicable Treasury regulations.
Salary Reduction Contributions and Cash or Deferred Contributions are Employer contributions for all purposes under this Plan, except to the extent the Code or Treasury regulations prohibit the use of these contributions to satisfy the qualification requirements of the Code.
Furthermore, the Employer must make Tax Deferred Contributions, Cash or Deferred Contributions, Employer matching contributions (including qualified Employer matching contributions) and basic contributions no later than the time prescribed by the Code or by applicable Treasury regulations.
Tax Deferred Contributions and Cash or Deferred Contributions are Employer contributions for all purposes under this Plan, except to the extent the Code or Treasury regulations prohibit the use of these contributions to satisfy the qualification requirements of the Code.
All Employees who are eligible to make Tax Deferred Contributions and who have attained age 50 before the close of the Plan Year shall be eligible to make Catch-Up Contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code.