Post-Tax Contributions definition

Post-Tax Contributions means a Participant's contributions which are non-deductible for income tax purposes at the time they are made.
Post-Tax Contributions means the post-tax contributions made by a ---------------------- Member under Section 4.1.
Post-Tax Contributions means the amounts, if any, contributed by a Participant under a Post-Tax Contribution Election Agreement pursuant to Section 3.7. Such contributions shall be made on a post-tax basis.

Examples of Post-Tax Contributions in a sentence

  • For this purpose, an Eligible Employee is any Employee who is, directly or indirectly, eligible to receive Company Matching Contributions or to make Post-Tax Contributions, including an Employee who would be eligible for Company Matching Contributions but for his or her failure to make required Pre-Tax Contributions and an Employee whose right to receive Company Matching Contributions or to make Post-Tax Contributions has been suspended because of an election not to participate.

  • A Participant will be permitted to elect to increase or decrease at any time (and as often as he or she wishes) the rate of his or her Pre-Tax and Post-Tax Contributions under Sections 2.020 and 2.030.

  • Any such increase or decrease of the rate of the Participant's Pre-Tax and Post-Tax Contributions will be effective as soon as is reasonably possible after receipt by the Plan Administrator of the Participant's election.

  • In the case of an Eligible Employee who does not receive Company Matching Contributions or who did not make Post-Tax Contributions, the Actual Contribution Percentage that is to be included in determining the Actual Contribution Percentage Limit is zero.

  • To the extent of the outstanding principal amount (excluding earnings) as of December 31, 1986 attributable to his or her Post-Tax Account, any withdrawal hereunder shall be deemed first to be made therefrom, second from Post-Tax Contributions, if any, made after December 31, 1986, plus earnings thereon in the same pro rata manner as required by Code Section 72(e), and, thirdly, from earnings on such principal amount as of December 31, 1986.

  • Such a Participant may withdraw up to the entire balance from his or her Post-Tax Contributions Account at any time.

  • Certain Participants whose benefits were transferred to this Plan may, however, have a Post-Tax Contributions Account under this Plan.

  • The initial election to make Post-Tax Contributions shall be effective until canceled or amended.

  • Post-Tax Contributions shall be transferred to the Trustee and invested by the Trustee in the Investment Funds designated by the Participant under Section 5.3 as soon as practicable following the end of the payroll period with respect to which such Post-Tax Contributions were deducted from the Participant’s Compensation (but in no case later than the 15th business day following the end of the calendar month during which such amount was deducted from the Participant’s Compensation).

  • Effective January 1, 2008, income allocable to excess Matching and Post-Tax Contributions for a Plan Year shall be determined through the end of such Plan Year.


More Definitions of Post-Tax Contributions

Post-Tax Contributions means, for each Member, the contributions made by him as provided in Section 3.3.
Post-Tax Contributions means a Participant's contributions made pursuant to Section 3.3.
Post-Tax Contributions means a nondeductible amount which a Participant elects to contribute by payroll withholding from his current Compensation, which amount is contributed to the Plan by the Company and allocated to such Participant's Post-Tax Contribution Account as further described in Section 3.10.
Post-Tax Contributions means those amounts contributed by the Participant pursuant to a Payroll Deduction Agreement and to Section 4.2 hereof. These may have been formerly known as Optional Employee Contributions, but hereafter shall be Post-Tax Contributions.

Related to Post-Tax Contributions

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • After-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Member contributions means all amounts paid to ASRS by a member.

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

  • Employer Contributions means all amounts paid into ASRS by an

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Precontribution Gain has the meaning set forth in subparagraph 4(c) of Exhibit B.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Accumulated contributions means the sum of all

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Matching Contributions are contributions made by the Employer on account of elective deferrals under a Code Section 401(k) arrangement or on account of employee contributions. Matching contributions also include Participant forfeitures allocated on account of such elective deferrals or employee contributions.

  • Company Matching Contributions means the Company contributions described in Section 3.4.

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Member contribution means a contribution under regulation 32;

  • Voluntary Contributions means voluntary amounts contributed by a member or participating member into a health reimbursement account. However, to the extent required by applicable law, voluntary amounts shall not be contributed through a salary reduction election under a cafeteria plan pursuant to section 125 of the internal revenue code, 26 USC 125.

  • Additional contributions means contributions made by a member of a defined benefit plan to