Roth Contributions definition
Roth Contributions means amounts contributed pursuant to Section 3.1 by a Participant to the extent that the Committee has resolved to implement a Roth Program to Section 3.1(c) of Schedule A, which amounts are:
Roth Contributions means the amount of Deferred Cash Contributions contributed under Section 3.01 that the Member elected to include in gross income at the time deferred pursuant to Section 3.01(c).
Roth Contributions means the amount of any Annual Deferral elected by a Participant that is irrevocably designated by the Participant as being made pursuant to, and intended to comply with, Code Section 402A. Roth Contributions are includable in the Participant’s taxable gross income at the time they are contributed to the Plan and have been irrevocably designated as Roth Annual Deferrals by the Participant in their deferral agreement. The Administrator shall establish and maintain for the Employee a separate account for any Roth Contributions made to the Plan, to which only Roth Contributions and the income attributable thereto shall be allocated. Roth Contributions also includes any contributions made to another eligible retirement plan that are rolled over to the Plan in accordance with the provisions of Section 7.1 and that the Participant designated as Roth contributions at the time they were contributed to such other plan.
Examples of Roth Contributions in a sentence
If required, we will provide accounts that distinguish between employer Contributions, employee pre-tax Contributions and employee designated Roth Contributions for each Participant.
More Definitions of Roth Contributions
Roth Contributions means Roth Matched Contributions and Roth Unmatched Contributions.
Roth Contributions means the contributions made by the Employer on behalf of the Participant on an after-tax basis as elected by the Participant pursuant to Plan section 4.1. A Participant’s Roth Contributions will be separately accounted for, as will gains and losses attributable thereto, in a separate account. Roth Contributions are not considered After-Tax Contributions for Plan purposes.
Roth Contributions means amounts contributed pursuant to Section 3.1 by a Participant who is an Employee of a Designated Roth Employer, which amounts are:
Roth Contributions means an Elective Deferral made to the Plan that is includible in the gross income of the Participant under Section 4.1(d).
Roth Contributions means those amounts contributed to the Plan as a result of a salary or wage reduction election made by the Participant in accordance with Section 5.2(e).
Roth Contributions means Employee Contributions that are made on an after-tax basis. This means that Roth Contributions do not lower your taxable income or the amount of your income taxes, Social Security, and Medicare taxes. However, any earnings on your Roth Contributions are distributed tax-free if they are part of a qualified distribution. For information regarding qualified distributions, see the Employee Contributions Section.
Roth Contributions means contributions made to the Trust Fund on behalf of a Participant pursuant to Section 3.1.1.