Examples of Deferral in a sentence
The total incentive received must be directed into the following plans: fifty percent (50%) into the Special Pay Deferral Plan and fifty percent (50%) into the Post- Retirement Health Reimbursement Account.
Deferral - The deferral period over which wages are deferred shall be to a maximum of five (5) years.
Bonds with Variable Coupon/Coupon Deferral features: If the bonds contain variable and/or deferral of interest payment terms, then the Customer would face uncertainty over the amount and time of the interest payments to be received.
Maximum Annual Deferrals Age as of 12/31/2023 General Limit IRC 402(g) Age 50 Catch-Up Limit IRC 414(v) 2023 Combined Deferral Limit Under Age 50 $22,500 N/A $22,500 Age 50 or Older $22,500 $7,500 $30,000 Employee is fully responsible for all computations regarding the salary reduction.
The School District will contribute fifty percent (50%) of the teacher’s incentive pay into an account within a Special Pay Deferral Plan administered by a company selected by Education Minnesota - OSSEO and the School District.