Examples of Employee Contributions in a sentence
An Employer must elect in its Adoption Agreement whether to permit Employee Contributions.
If the Employer elects to permit Employee Contributions, the Employer also must specify in its Adoption Agreement any limitations which apply to Employee Contributions.
If the Employer permits Employee Contributions, the Plan Administrator operationally will determine if a Participant will make Employee Contributions through payroll deduction or by other means.
No Forfeitures will occur solely as a result of an Employee's withdrawal of Employee Contributions.
If your Plan permits Deferrals or Nondeductible Employee Contributions, you may also have the option of making up missed employee contributions and receiving a Matching Contribution, if applicable, on these contributions.