Roth 401(k) Contribution Account definition

Roth 401(k) Contribution Account means, with respect to any Participant, that portion of his Account that is attributable to his Roth 401(k) Contributions.
Sample 1Sample 2Sample 3
Roth 401(k) Contribution Account means the account of a Participant established and maintained in accordance with Section 4.2.
Sample 1
Roth 401(k) Contribution Account means the account to which Roth 401(k) Contributions are credited.
Sample 1

Examples of Roth 401(k) Contribution Account in a sentence

  • Similarly, the loan policy may be modified to provide for an ordering rule with respect to the default of a loan that is made from the Member’s Roth 401(k) Contribution Account and other accounts under the Plan.

  • An “account” with respect to any participant in the Plan is the aggregate of his or her Tax Deferred Contribution Account, Roth 401(k) Contribution Account, Taxed Contribution Account, Company Contribution Account, Rollover Contribution Account, and such other accounts or sub-accounts as may be established by the Admin.

  • The Plan Administrator may modify the Plan loan policy to provide limitations on the ability to borrow from, or use as security, a Member’s Roth 401(k) Contribution Account.

  • Under the terms of the PRSP, pilots may contribute up to 50% of compensation to their Pre-tax/401(k) Account or Roth 401(k) Contribution Account.

  • Tax Deferred Contributions, Roth 401(k) Contributions and Taxed Contributions made on behalf of or by a Participant shall be allocated to his Tax Deferred Contribution Account, Roth 401(k) Contribution Account or Taxed Contribution Account, as appropriate, as soon as practicable after such contributions are transferred to the trust fund established under the Plan.

  • A Participant shall always be one hundred percent (100%) vested in his Salary Savings Contribution Account, Roth 401(k) Contribution Account, Voluntary After-Tax Contribution Account, the Elective Profit Sharing Contribution portion of the Participant’s Profit Sharing Contribution Account and Rollover Contribution Account.

  • A Participant must file a separate lump sum election with regard to (a) amounts credited to either his Roth 401(k) Contribution Account or Roth Rollover Account and (b) amounts credited to other accounts within his Participant Account.

  • Dale Clark Main Library 215 South 15th StreetOmaha, Nebraska (402) 444-4800South Omaha Library2202 M.

  • However, eligible Rollover Distributions from a Participant’s Employee After-Tax Roth 401(k) Contribution Account are taken into account in determining whether the total amount of the Participant’s account balances under the Plan exceed the Plan’s limits for purposes of mandatory distributions from the Plan.

  • Qualified Elective Deferrals must satisfy all other provisions of this Plan applicable to Salary Savings Contributions, Roth 401(k) Contributions and Elective Profit Sharing Contributions and shall remain part of the Participant’s Salary Savings Contribution Account, Roth 401(k) Contribution Account or the Elective Profit Sharing Contribution portion of the Participant’s Profit Sharing Contribution Account.


More Definitions of Roth 401(k) Contribution Account

Roth 401(k) Contribution Account means that portion of a Participant’s Account (including income, gains, losses, credits, charges and other adjustments thereon) that is attributable to his own Roth 401(k) Contributions.
Sample 1
Roth 401(k) Contribution Account means the account to which a Participant’s Roth 401(k) Contributions, if any, are allocated. No contributions other than Roth 401(k) Contributions and properly attributable earnings will be credited to a Participant’s Roth 401(k) Contribution Account; and gains, losses and other credits or charges will be allocated on a reasonable and consistent basis to such Roth 401(k) Contribution Account. The Plan will maintain a record of the amount of Roth 401(k) Contributions in each Participant’s Roth 401(k) Contribution Account. Distributions from a Participant’s Roth 401(k) Contribution Account (other than corrective distributions) are not includable in the Participant’s gross income if the distribution is made after the Five Year Taxable Period and after the Participant’s death, disability or age 59 1/2. Earnings on corrective distributions of Roth 401(k) Contribution are includable in a Participant’s gross income in the same manner as earnings on corrective distributions of Before-Tax Contributions; however, corrective distributions of Roth 401(k) Contributions are not includible in the Participant’s gross income. 13
Sample 1

Related to Roth 401(k) Contribution Account

  • 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.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • 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.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • 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.

  • 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.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Upper-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Upper-Tier REMIC.

  • 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.

  • Principal Funding Account Balance means, with respect to any date of determination, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • 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.

  • Nonelective Contribution means an amount contributed by a participating