Voluntary Employee Contributions definition

Voluntary Employee Contributions means an amount that a Participant elects to have deducted from his salary or wages and contributed to the Participant's Voluntary Employee Contributions Account, after income taxes have been withheld on such amounts.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Voluntary Employee Contributions means voluntary after-tax contributions made to the Prior Plan by a Participant.

Voluntary Employee Contributions means nondeductible voluntary employee contributions made to the predecessor plan on or prior to June 30, 1999.

Examples of Voluntary Employee Contributions in a sentence

Qualified Voluntary Employee Contributions will not be taken into account for purposes of computing the Top-Heavy Ratio.
If the Employer’s Plan allows Participants to make Voluntary Employee Contributions, such Participant may make Voluntary Employee Contributions to the Participant’s Traditional or ▇▇▇▇ ▇▇▇ as elected on the Adoption Agreement under Basic Plan Document #01.
A Participant’s Compensation for purposes of any Voluntary Employee Contributions contributed under Section 8.2 of the Adoption Agreement will be determined as selected below.
Voluntary Employee Contributions Availability/Amount [X] Not Available under the Plan.
Such QACA Non-Elective Contribution will be made on behalf of: (check one) ¨ Any Participant in the Elective Deferral component of the Plan who is a NHCE, regardless of whether he or she makes Elective Deferrals or Voluntary Employee Contributions.

More Definitions of Voluntary Employee Contributions

Voluntary Employee Contributions means employee deposits made pursuant to section 5.07;

Voluntary Employee Contributions means After-Tax Employee Contributions in excess of Basic Employee Contributions and Basic Salary Deferrals up to a maximum of ten percent (10%) of such Participant’s Compensation, provided that such Voluntary Employee Contributions shall be reduced pro-rata by the percentage of Voluntary Salary Deferrals during such period with respect to such Participant so that Voluntary Employee Contributions together with Voluntary Salary Deferrals do not exceed ten percent (10%) of the Participant’s Compensation during such period with respect to such Participant.

Voluntary Employee Contributions. Pre-tax contributions made by a Participant at his discretion, prior to Plan Years beginning in 1987, and after-tax contributions made by a Participant at his discretion, but not including ▇▇▇▇ Deferrals or ▇▇▇▇ ▇▇▇ Contributions.

Voluntary Employee Contributions means amounts contributed by Participants pursuant to the provisions of Section 6.1(b).

Voluntary Employee Contributions means amounts contributed by an employee to a plan, pursuant to the provisions of the plan, that are not mandatory employee contributions.

Voluntary Employee Contributions means each Participant's nondeductible voluntary contributions, if any, made pursuant to section 4.8.

Voluntary Employee Contributions means the amounts contributed under the Plan by the Employee in accordance with Section 3.1.