Examples of 415 Compensation in a sentence
The Employer in its Adoption Agreement must elect one of the following base definitions of Compensation: W-2 Wages, Code §3401(a) Wages, or 415 Compensation.
For this purpose, annual compensation means Section 415 Compensation as defined in Section 6(a)(2).
Rules For purposes of Article X and XIV, Compensation shall be Code Section 415 Compensation as described in paragraph 1.16(c).
In addition, a Participant may not make Elective Deferrals from amounts which are not Compensation under Section 1.11 even if 415 Compensation is more inclusive.
A Employees and 415 Compensation in all other cases); and/or (ii) for 401(k) plans, define the Contribution Type column headings in a manner which differs from the "all-inclusive" description in the Note immediately preceding Election 9(a) (e.g., Compensation for Safe Harbor Matching Contributions means W-2 Wages and for Additional Matching Contributions means 415 Compensation).]).