Pre-Tax Contributions definition

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.
Pre-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement before any applicable state and federal taxes have been deducted. The amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan. This amount shall not exceed the contributions attributable to the most costly Benefit Package Option afforded hereunder, and for purposes of Code Section 125, shall be treated as an Employer contribution (this amount may, however, be treated as an Employee contribution for purposes of state insurance laws).
Pre-Tax Contributions means Pre-Tax Matched Contributions and Pre-Tax Unmatched Contributions.

Examples of Pre-Tax Contributions in a sentence

  • Such Participant shall be provided with a subsequent opportunity to elect a different percentage of Pre-Tax Contributions (or elect not to make Pre- Tax Contributions) and Investment Funds, as applicable.

  • The Administrator shall maintain separate Employee Stock Accounts for each Participant who directs the Company to invest his Pre-Tax Contributions, After-Tax Contributions, Qualified Non-Elective Contributions (if any) and Rollovers (if any) in the Stock Investment Fund.

  • All cash held by the Trustee, including but not limited to Pre-Tax Contributions, After-Tax Contributions and Qualified Non-Elective Contributions (if any) and amounts transferred from one Investment Fund for investment in another, and earnings and amounts from sales, may, at the direction of the Administrator or as specifically authorized in the Trust Agreement, be invested by the Trustee in prudent short-term investments pending permanent purchase of Stock and other investments permitted by this Plan.

  • No Participant’s automatic elections of Pre-Tax Contributions shall exceed 6% of Earnings.

  • The amount of excess After-Tax Contributions and Employer Matching Contributions for a Plan Year shall be determined only after first determining the excess Pre-Tax Contributions that are treated as After-Tax Contributions due to recharacterization in accordance with Section 6(c)(6).


More Definitions of Pre-Tax Contributions

Pre-Tax Contributions means contributions made by an Employer on behalf of a Participant in accordance with his or her Contribution Election pursuant to Article III.
Pre-Tax Contributions means contributions made by a Participant to the Plan in accordance with Section 4.3 that are excludable from the Participant’s gross income and intended to satisfy the requirements of Code Section 402 and which have not been irrevocably designated as Roth Contributions by the Participant.
Pre-Tax Contributions means contributions made to the Trust Fund on behalf of a Participant pursuant to Section 3.1.
Pre-Tax Contributions means contributions by an
Pre-Tax Contributions means amounts withheld from an Employee's Compensation pursuant to a Salary Reduction Agreement before any applicable state and federal taxes have been deducted. The amounts are withheld for purposes of purchasing one or more of the Benefit Options available under the Plan. This amount shall not exceed the premiums or contributions attributable to the most costly Benefit
Pre-Tax Contributions means a Participant’s elective deferrals made as described in Section 402(g)(3) of the Code and made pursuant to Section 4.1 of the Plan.
Pre-Tax Contributions means Employee Contributions that are made on a pre-tax basis. This means that your taxable earnings from the University are reduced by your Pre-Tax Contributions before federal and most state taxes are withheld. This lowers your taxable income and allows you to pay less in income taxes. Pre-Tax Contributions, however, do not reduce your taxable earnings for purposes of computing your Social Security and Medicare taxes.