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.

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

• In the event of any such suspension or reduction, Highly Compensated Employees affected thereby shall be notified of the reduction or suspension as soon as possible and shall be given an opportunity to make a new Tax-Deferred Contribution election to be effective the first day of the next following Plan Year.

• A "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.

• Such additional Employer Contribution shall be credited to the Tax-Deferred Contribution Accounts of Members who are not Highly Compensated Employees in the proportion that each such Member’s Tax-Deferred Contributions represent of total Tax-Deferred Contributions of all Members in this group for the Plan Year.

• The amount of a Member’s Basic and Supplemental Tax-Deferred Contributions shall be credited to his Tax-Deferred Contribution Account.

• In the event of default, the Tax-Deferred Contribution Account shall be considered the last account to be used for satisfaction of the loan balance if a distribution or withdrawal could not then be made from such account pursuant to Section 401(k) of the Internal Revenue Code.

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 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.

Tax-Deferred Contribution means the contribution made on behalf of a Participant pursuant to Section 3.1 of the Plan.

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

Tax-Deferred Contribution means any contribution made from the Compensation of an Employee on a before-tax basis whether mandatory or voluntary.

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.