Deductible Contribution definition

Deductible Contribution means a contribution of money or property as described in item 7 or item 8 of the table in section 30- 15 of the ITAA 97 in relation to a fundraising event held for the Principal Purpose;
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Deductible Contribution means a contribution of money or property as described in item 7 or item 8 of the table in Section 30-15 of the ITAA 1997;
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Deductible Contribution means a donation of money or property as described in item 1, item 7 or item 8 of the table in section 30-15 of the ITAA 97.
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Examples of Deductible Contribution in a sentence

  • Age Maximum Deductible Contribution Under 35 $13,934 35 to 49 $38,702 50 and over $95,980 Note: these maximums are for the 2004/2005 financial year and are indexed each July 1 to the annual positive movements in the full time adult Average Weekly Ordinary Time Earnings (AWOTE).

  • Relationship: Address: E-mail: Relationship: Address: E-mail: Tax Deductible Contribution Membership dues cover 65% of Cambridge Neighbors’ annual budget.

  • Donor the donor of a Gift or a Deductible Contribution to the Trust.

  • Deductible Contribution a contribution of money or property as described in item 7 or item 8 of the table in section 30-15 of the ITAA 97 in relation to a fundraising event held for the purpose of the Trust.

  • The following deductibles are offered by Fortis Insurance Company to be written in conjunction with HSAs: Individual Deductible $1,750 $2,150 $2,550 Maximum Individual Deductible Contribution $1,750 $2,150 $2,550 Family Deductible Maximum Family Deductible Contribution $3,500 $3,500 $4,300 $4,300 $5,100 $5,100 In addition, if you are age 55 or older, you may make an additional deductible contribution of up to $500 per person to your HSA.

  • Employer Deductible Contribution: The employer will pay a prorated monthly deductible contribution based on the employee’s monthly FTE and insurance enrollment status (ie: a 0.8 FTE employee will receive 0.8 times the employer paid deductible).


More Definitions of Deductible Contribution

Deductible Contribution means a contribution of money or property as described in item 7 or item 8 of the table in section 30−15 of ITAA 97 in relation to a fundraising event held for the purpose raising funds for of the Trust.
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Deductible Contribution means a contribution that is deductible under Items 7 or 8 of the table in subsection 30-15(2) of the ITAA 1997;
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Deductible Contribution means a contribution of money or property as describedin item 7 or item 8 of the table in section 30-15 of the ITAA97 in relation to a fundraising event held for the purpose ofthe Trust.
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Deductible Contribution means a contribution of money or property as described in items 7 and 8 of the table in section 30-15 of the ITAA 97 in relation to a fundraising event held for the principal purpose of the Association;
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Deductible Contribution means a contribution that is deductible under Items 7 or 8 of the table in subsection 30-15(2) of ITAA 97 and that is not otherwise deductible as a gift under any other Item appearing in that table;
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Deductible Contribution means a contribution described in item 7 or 8 of the table in section 30-15 of the Income Tax Assessment Act 1997 in relation to a fundraising event held for those objects
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Related to Deductible Contribution

  • Excess Contribution means a contribution that exceeds the

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Deductible has the meaning set forth in Section 11.1(e).

  • Qualifying contribution means, with respect to a

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Accumulated contributions means the sum of all

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.

  • Excess Aggregate Contributions means, with respect to any Plan Year, the excess of:

  • Matching Contributions are contributions made by the Employer on account of elective deferrals under a Code Section 401(k) arrangement or on account of employee contributions. Matching contributions also include Participant forfeitures allocated on account of such elective deferrals or employee contributions.

  • Nonelective Contribution means an amount contributed by a participating

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Elective Deferrals are all Salary Reduction Contributions and that portion of any Cash or Deferred Contribution which the Employer contributes to the Trust at the election of an Eligible Employee. Any portion of a Cash or Deferred Contribution contributed to the Trust because of the Employee's failure to make a cash election is an elective deferral. However, any portion of a Cash or Deferred Contribution over which the Employee does not have a cash election is not an elective deferral. Elective deferrals do not include amounts which have become currently available to the Employee prior to the election nor amounts designated as nondeductible contributions at the time of deferral or contribution.

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Annual Addition The sum of the following amounts allocated on behalf of a Participant for a Limitation Year, of (i) all Employer contributions; (ii) all forfeitures; and (iii) all Employee contributions. Except to the extent provided in Treasury regulations, Annual Additions include excess contributions described in Code Section 401(k), excess aggregate contributions described in Code Section 401(m) and excess deferrals described in Code Section 402(g), irrespective of whether the plan distributes or forfeits such excess amounts. Annual Additions also include Excess Amounts reapplied to reduce Employer contributions under Section 3.10. Amounts allocated after March 31, 1984, to an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer are Annual Additions. Furthermore, Annual Additions include contributions paid or accrued after December 31, 1985, for taxable years ending after December 31, 1985, attributable to post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)) under a welfare benefit fund (as defined in Code Section 419(e)) maintained by the Employer.

  • Qualified Nonelective Contribution (QNEC) means the Employer's contributions to the Plan that are made pursuant to Sections 12.1(a)(4), 12.5 and 12.7 or pursuant to any other Plan provision which provides for such contributions.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • After-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Precontribution Gain has the meaning set forth in subparagraph 4(c) of Exhibit B.