Common use of Catch-Up Contributions Clause in Contracts

Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your XXX. The maximum additional contribution is $1,000 per year.

Appears in 16 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

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Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your XXX. The maximum additional contribution is $500 for years 2002-2005 and $1,000 per yearfor years 2006 and beyond.

Appears in 2 contracts

Samples: Prototype Plan Agreement, Prototype Plan Agreement

Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your Xxxx XXX. The maximum additional contribution is $1,000 per year.

Appears in 1 contract

Samples: Individual Retirement Trust Account Agreement

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Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your XXX. The maximum additional contribution is $500 for years 2002-­‐2005 and $1,000 per yearfor years 2006 and beyond.

Appears in 1 contract

Samples: Ira Agreement

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