Maximum Annual Contribution definition

Maximum Annual Contribution. Contract Charge: Administration Charge: Contract Anniversary: Book Value Transfer Limit: Book Value Limit for Third Party Asset Manager Exchanges: Companion Investment Option(s): SAMPLE Competing Fixed Restriction Period: Expense Credit Percentage: Initial Interest Guarantee: Period Rate Market Value Adjustment Factor: Percentage Reduction in Number of Participants as defined in Section 1.31: Processing Transfers: SAMPLE Termination Fee:

Maximum Annual Contribution. Individual = [$3,400] Family = [$6,750] [2018] Maximum Annual Contribution: Individual = [$3,450] Family = [$6,900] For additional information on what may affect your annual allowable contribution(s), please visit xxx.xxxxx.xxx. Account owners age 55+ may make an additional contribution of $1,000/year. Employer $ $ Monthly Bi-monthly Weekly Bi-weekly Individual $ $ Catch-up Contribution $ $ REQUEST FOR ADDITIONAL DEBIT CARD (Optional) Would you like a second debit card for use by an authorized user – either a spouse or an eligible dependent*- at no additional fee? Yes No *Dependent must be 18 years or older. Name Relationship Social Security # DOB (mm/dd/yyyy) Check this box if you would like to list the above person as a signatory on your HSA. A MasterCard will automatically be mailed to your home address shown above. The debit card can be used with merchants with a valid medical merchant code. By requesting a secondary debit card, you are agreeing that the secondary debit card is subject to the HSA custodial agreement, all other conditions of the account, and all law governing HSA accounts. BENEFICIARY INFORMATION Name Relationship Primary Address DOB Contingent City, St, Zip % Percent Name Relationship Primary Address DOB Contingent City, St, Zip % Percent Name Relationship Primary Address DOB Contingent City, St, Zip % Percent Back-Up Withholding Certificate I hereby certify under penalties of perjury that: The social security number shown on this form is my correct taxpayer identification number, I am a U.S. person (including a U.S. resident alien), and that (please check the appropriate box): I am not subject to withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding. I am subject to backup withholding. This application, when signed by me and accepted by American Fidelity Health Services Administration - Administrator/Record keeper, constitutes my adoption of this application/Custodial Agreement. By signing this agreement, I acknowledge and certify that I have received either in print or electronically (available anytime at xxx.xxxxx.xxx), read and agree to the terms in the HSA Custodial Agreement, HSA Interest & Fee Schedule and Terms and Conditions of my Account and any amendments thereof. _ _ _

Maximum Annual Contribution. All of the employee and County contributions set forth in Subsections A and B will be added together to ensure that the annual maximum contribution to the employee’s deferred compensation account does not exceed the annual maximum contribution rate set forth in the United States Internal Revenue Code.

Examples of Maximum Annual Contribution in a sentence

• Unless otherwise agreed to in writing by Nationwide, the Maximum Annual Contribution, which may be made during a Contract Year, shall not exceed the amount set forth on the Contract Specifications Page.

• Employee further agrees that: He/she is responsible for determining that his/her salary reduction amount does not exceed the limits of the Applicable Law; He/she is responsible for the accuracy of the information provided by Employee, which is used in determining Employee’s Maximum Annual Contribution limit; and Employer has no liability for any losses suffered by Employee that resulted from his/her participation in the 403(b)/403(b) Roth/457 program.

• Thoroughly document patient contact on PCR.CONTINUOUS POSITIVE AIRWAY PRESSURE (CPAP) EMT, AEMT, PARAMEDIC CPAP has been shown to rapidly improve gas exchange, decrease work of breathing, and reduce the need for intubation from acute respiratory distress other than pneumothorax, particularly pulmonary edema/CHF, COPD, and asthma conditions.

• The Account has a Maximum Annual Contribution Limit determined by the IRS.

• Contributions in excess of the Maximum Annual Contribution Limit are subject to an excise tax.

• It is the responsibility of the Owner to determine whether contributions to the Account have exceeded the Maximum Annual Contribution Limit described in Section 4.

• The Plan shall be interpreted to deem any Individual’s contribution that exceeds the Maximum Annual Contribution as defined in paragraph 18.2 but not an amount greater than the Applicable Amount to be a Catch-Up Contribution unless the Individual elects to treat such amount as an Excess Contribution described in paragraph 18.8.

• Contributions to Archer MSAs and other HSAs count toward the Maximum Annual Contribution Limit.

• The Maximum Annual Contribution Limit is listed on the HSA Website, www.irs.gov, and IRS Publication 969.

• If the Individual is eligible, any annual contribution the Individual makes that exceeds the Individual’s Maximum Annual Contribution will be treated as a Catch-Up Contribution (up to the limits described above) unless the Individual elects to treat such amounts as an Excess Contribution described in paragraph 18.8 below.

More Definitions of Maximum Annual Contribution

Maximum Annual Contribution means, with respect to Traditional IRA Contributions made by or on behalf of an Individual for a taxable year, an amount that does not exceed the lesser of (a) the deductible amount described in Code Section 219(b)(5)(A) or (b) 100% of the Individual’s Compensation reduced by (c) the amount of any contributions made by or on behalf of the Individual to another Traditional IRA or to a Xxxx XXX for the same taxable year.

Maximum Annual Contribution. Contract Charge: Administration Charge: Contract Anniversary: Book Value Transfer Limit: Book Value Limit for Third Party Asset Manager Exchanges: Companion Investment Option(s): SAMPLE Competing Fixed Restriction Period: Expense Credit Percentage: Initial Interest Guarantee: Period Rate Market Value Adjustment Factor: 1 +5x(A-B+C), where A is the highest credited rate from 30 days prior to the transaction until the end of the interest guarantee period. For purposes of this calculation, B is the Barclay Capital Baa component of the U.S. Credit index. If these yields are no longer published by Xxxxxxx’x or a successor organization or if the method of calculation of the index is changed, an equivalent index will be chosen. For purposes of this calculation, C is the cost of compensation reflected in the interest rate, plus .5%. Percentage Reduction in Number of Participants as defined in Section 1.31: Processing Transfers: Purchase Rate Basis SAMPLE Termination Fee:

Maximum Annual Contribution means initially an amount of $20,000 CDN and, thereafter such other amount as determined by the Administrator at the beginning of each Plan Year; such Maximum Annual Contribution shall be converted into the currency that the Employee receives his or her compensation in, by the Administrator, based on the applicable exchange rate as quoted by the Bank of Canada noon rate at the beginning of each Plan Year;