Tax-Deferred Contribution definition

Tax-Deferred Contribution means the amount contributed to the Plan on a Participant's behalf by his Employer in accordance with his reduction authorization executed pursuant to Article IV.

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Tax-Deferred Contribution means a contribution made by an Employer in accordance with a Participant’s salary reduction agreement pursuant to Section 4.01(a).

Tax-Deferred Contribution means the amount contributed to the Plan on a Participant's behalf by his Employer in accordance with Article IV.

Examples of Tax-Deferred Contribution in a sentence

A Participant's Tax-Deferred Contribution Account shall be 100% vested at all times.
Tax-deferred contributions shall be credited to a separate Tax-Deferred Contribution Account for each Participant.
The Plan Committee may distribute all or a part of a Participant's Tax-Deferred Contribution Account, prior to the time such Account would otherwise be distributed, upon a showing of immediate and heavy financial hardship by the Participant in accordance with the provisions of this paragraph.
A Participant's Tax-Deferred Contribution Account shall be invested, valued, distributed and except as specifically provided herein, in all respects treated in the same manner as the Participant's Employer Matching Contribution Account, except that the amounts credited to the Participant's Tax-Deferred Contribution Account shall be one hundred percent (100%) vested.
A Participant's Tax-Deferred Contribution Account for purposes of hardship distributions shall be valued as provided in Article VII, Paragraph A.4. A hardship distribution (a) must be on account of an immediate and heavy financial need and may not exceed the amount necessary to meet that need, and (b) must be necessary to satisfy a financial need which the Employee is unable to satisfy from other resources reasonably available to him.

More Definitions of Tax-Deferred Contribution

Tax-Deferred Contribution means the Employer contribution made pursuant to a Participant’s election under Section 3.1(a) to reduce his future taxable Compensation by a stated percentage, from one percent (1%) to one hundred percent (100%), in lieu of receiving such amount directly in cash and to have such amount contributed to a Tax Deferred Account maintained on his behalf under the Plan. Effective on and after March 1, 2013, a Tax Deferred Contribution may also mean the automatic Employer contribution made pursuant to Section 2.1(b). A Tax Deferred Contribution shall not be includable in the Participant’s gross income at the time of deferral.

Tax-Deferred Contribution means a contribution made by an Employer in accordance with a Participant’s salary reduction agreement pursuant to Section 4.01(a) and (b). Except as specifically provided by federal law, or in the Plan or an amendment thereto, Tax Deferred Contributions shall include Roth Contributions.

Tax-Deferred Contribution means a Tax Deferred Contribution as defined in the Savings Plan.

Tax-Deferred Contribution means an amount contributed by a Participant to the Plan on a pre-tax basis pursuant to a Voluntary Salary Deferral Agreement.

Tax-Deferred Contribution means the compensation deferrals under PRIRC Section 1165(e) a Participant elects to make pursuant to Subsection 4.1.

Tax-Deferred Contribution means all amounts

Tax-Deferred Contribution means a contribution authorized by an Employee or Participant to the tax- deferred contribution account in the Employees' Savings Plan pursuant to Section 4.2 of the Employees' Savings Plan.