Definition of Taxed Contribution Account


Taxed Contribution Account means, with respect to any Participant, that portion of his Account attributable to his Taxed Contributions (plus any qualified non-elective contributions treated as Taxed Contributions, if any).
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Examples of Taxed Contribution Account in a sentence

Tax Deferred Contributions, Roth 401(k) Contributions and Taxed Contributions made on behalf of or by a Participant shall be allocated to his Tax Deferred Contribution Account, Roth 401(k) Contribution Account or Taxed Contribution Account, as appropriate, as soon as practicable after such contributions are transferred to the trust fund established under the Plan.
Each Participant's Tax Deferred Contribution Account, Roth 401(k) Contribution Account and Taxed Contribution Account (including any earnings on such contributions) shall be fully vested at all times.
Each Participant's Tax Deferred Contribution Account and Taxed Contribution Account (including any earnings on such contributions) shall be fully vested at all times.
The Matching Contribution shall be invested in the same manner as directed by the Participant with respect to his Tax Deferred Contribution Account, or in the same manner as directed by the Participant with respect to his Taxed Contribution Account, in the event he is not making contributions to a Tax Deferred Contribution Account..
Tax Deferred Contributions and Taxed Contributions made on behalf of or by a Participant shall be allocated to his Tax Deferred Contribution Account or Taxed Contribution Account, as appropriate, as soon as practicable after such contributions are transferred to the trust fund established under the Plan.