Examples of Salary Deferral Election in a sentence
The effective date may not be a date prior to the date this Salary Deferral Election is completed and signed.
A Salary Deferral Election may only relate to Plan Compensation that is not currently available at the time the Salary Deferral Election is completed.
A Participant may modify or change a Salary Deferral Election to increase or decrease the amount of Salary Deferrals designated as Roth Deferrals, provided such change or modification applies only with respect to Salary Deferrals made after such change or modification.
Generally, the automatic deferral will commence as of the date the Employee is otherwise eligible to make Salary Deferrals under the Plan, if the Employee had completed a Salary Deferral Election.
An Employee must be permitted to enter into a new Salary Deferral Election or to modify or terminate an existing Salary Deferral Election at least once a year.