Roth Deferrals definition
Roth Deferrals means Deferred Compensation which is designated irrevocably as a Roth Deferral by the Participant at the time the deferral election is made, and which is included in the Participant’s taxable income at the time the Participant would have received such amount in Compensation. All Roth Deferrals will be made in compliance with Internal Revenue Code Section 402A.
Roth Deferrals means an Employee’s Deferrals that are includible in the Employee’s gross income (for purposes of federal income tax) at the time deferred and that the Employee has irrevocably designated as Roth Deferrals in his or her Employee Salary Reduction Agreement. An Employee’s Roth Deferrals will be separately accounted for along with any adjustments attributable to the Roth Deferrals, as specified in Section 2.1.