Deferred Plans definition

Deferred Plans means registered retirement savings plans, registered retirement income funds, registered education savings plans, tax-free savings accounts, registered disability savings plans and deferred profit sharing plans;
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Deferred Plans means Pension Plans that are designed to defer compensation for a select group of key or highly compensated employees and that are exempt from the funding, participation and vesting requirements of ERISA.
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Deferred Plans has the meaning set forth in Section 4.19(c)(vi).
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Examples of Deferred Plans in a sentence

  • If the Trust ceases to qualify as a mutual fund trust, the Units will cease to be qualified investments for Deferred Plans which would have adverse tax consequences to Deferred Plans and their annuitants or beneficiaries.

  • Accordingly, purchasers which are Deferred Plans should consult their own tax advisors before deciding to exercise the redemption rights attached to the Units.

  • As a result, the Bonds will constitute a qualified investment for Deferred Plans provided the shares of Target are listed on a stock exchange designated by the Minister of Finance, which they currently are, and as long as Target controls the Corporation.

  • Trust Notes, Debt Securities and Investment LP Units received as a result of redemptions of Units will generally not be qualified investments for Deferred Plans, and this could give rise to adverse consequences to a Deferred Plan and/or its annuitant, beneficiary or holder, including the redeeming Unitholder becoming subject to a penalty tax.

  • As a registered investment for Deferred Plans, the Trust will also be liable for a penalty tax if, generally speaking, at the end of a month, the Trust holds property that is not a qualified investment for the type of Deferred Plan that holds Units.

  • Accordingly, when the Trust meets all of the requirements to be a mutual fund trust, as discussed above, an investment in Units of the Trust will be a qualified investment for Deferred Plans.

  • If that is the case, Deferred Plans will generally be exempt from tax in respect of any distributions paid or payable on Trust Units or gains realized upon a disposition or deemed disposition of Trust Units.

  • Provided the Trust qualifies as a mutual fund trust within the meaning of the Tax Act, the Trust Units, when issued, will each be a qualified investment under the Tax Act for Deferred Plans.

  • Accordingly, Deferred Plans that propose to invest in Trust Units should consult their own tax advisors before deciding to purchase Trust Units and again before deciding to exercise their redemption rights attached to such Trust Units.

  • Recent levels are consistent with past numbers, and Fall 2017 new enrolment appears strong (almost 30 new students for fall as of August 31).


More Definitions of Deferred Plans

Deferred Plans means the U S WEST Employee Savings Plan/ESOP (except accounts attributable to AirTouch Transfers); the U S WEST Pension Plan (including the disability pensions provided thereunder); retiree medical benefits under any medical plan maintained by the Existing U S WEST Group (but excluding COBRA); and long-term disability benefits under a long-term disability plan maintained by the Existing U S WEST Group.
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Deferred Plans means trusts governed by an RRSP, RRIF, RESP, RDSP, TFSA (as such terms are defined herein), or a deferred profit sharing plan (as such term is defined in the Tax Act);
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Deferred Plans means the BorgWarner Inc. Retirement Savings Excess Benefit Plan and the BorgWarner Inc. 2004 Deferred Compensation Plan.
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Deferred Plans means trusts governed by registered retirement savings plans, registered retirement income funds, deferred profit sharing plans, registered education savings plans and registered disability savings plans, each as defined in the Tax Act;
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Deferred Plans means the General Electric Company Annual Executive Incentive Plan, GE Incentive Compensation Plan, General Electric Company 2011 Executive Deferred Salary Plan, General Electric Company 2006 Executive Deferred Salary Plan, General Electric Company 2003 Executive Deferred Salary Plan, General Electric Company 2002 Executive Officer Deferred Salary Plan, General Electric Company 2001 Executive Officer Deferred Salary Plan, General Electric Company 2000 Executive Deferred Salary Plan, General Electric Company 1999 Executive Officer Deferred Salary Plan, General Electric Company 1998 Executive Officer Deferred Salary Plan, General Electric Company 1997 Executive Deferred Salary Plan, General Electric Company 1996 Executive Officer Deferred Salary Plan, General Electric Company 1995 Executive Officer Deferred Salary Plan, General Electric Company 1994 Executive Deferred Salary Plan, General Electric Company 1991 Executive Deferred Salary Plan, General Electric Company -1987 Executive Deferred Salary Plan, and RCA Executive Deferred Compensation Plan.
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Related to Deferred Plans

  • Deferred Plan means a trust governed by a registered retirement savings plan, registered retirement income fund, registered education savings plan or tax-free savings account.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Compensation Plans shall have the meaning set forth in Section 3.8(b).

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 12 of the Plan.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Incentive Compensation Plans means annual incentive compensation plans and long-term incentive compensation plans of the Company, which long-term incentive compensation plans may include plans offering stock options, restricted stock and other long-term incentive compensation.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Qualified Plan means a Pension Plan that is intended to be tax-qualified under Section 401(a) of the IRC.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Deferrals means the amount of the Director’s Compensation that the Director elects to defer according to this Agreement.

  • Company Plans has the meaning set forth in Section 3.13(a).

  • Salary reduction plan means a benefit plan whereby state and

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.