Savings Contribution definition

Savings Contribution means an amount contributed to the Plan on behalf of a Participant through salary reduction pursuant to Section 5(b) and credited to a Participant’s Savings Contribution Account;(ii) “Matching Contribution” shall mean an amount contributed to the Plan by a Participating Employer pursuant to Section 6(a) and credited to a Participant’s Matching Contribution Account; and(iii) “Discretionary Contribution” shall mean an amount contributed to the Plan by a Participating Employer pursuant to Section 6(b) and credited to a Participant’s Discretionary Contribution Account.
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Savings Contribution means a contribution to this Plan on -------------------- behalf of a Participant by an Employer pursuant to paragraph (a) of Article VI.
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Savings Contribution means a Participant’s voluntary, after-tax contributions made to his Savings Contribution Account.
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Examples of Savings Contribution in a sentence

  • Participants, except for terminated participants, may also make in-service withdrawals from their Pre-Tax Savings Contribution Account in the event of a demonstrated severe financial hardship as defined by the IRS Safe Harbor rules.

  • Smaller, tier 2 retailers can either deliver eligible activities or pay an Energy Savings Contribution.

  • This Internal Cost Savings Contribution Waiver sets forth certain requirements that must be met to qualify for waiver protection.

  • For arrangements that meet all of the preceding conditions, the waiver period will start on the date of this Notice and end 6 months after the effective date of termination of the Participation Agreement, unless CMS terminates the Participation Agreement as a result of a Program Integrity Determination, in which case the Internal Cost Savings Contribution Waiver will end on the effective date of termination of the Participation Agreement.

  • Retirement Savings Contribution Credit (SEQ 0950) cannot exceed the maximum possible credit for the Filing Status (SEQ 0130).


More Definitions of Savings Contribution

Savings Contribution means an after-tax payment, in whole percentages from one percent through 10 percent of an eligible Member's Base Pay, transferred by the Company to the Trustee.
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Savings Contribution means a Participant's voluntary, after-tax contributions made to the Plan or to a Merged Plan before December 31, 1996.
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Savings Contribution means an amount contributed to the Plan on behalf of a Participant through salary reduction pursuant to Section 5(b) and credited to a Participant’s Savings Contribution Account;
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Savings Contribution means an Employer contribution made to the Trust Fund pursuant to Section 4.3.
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Savings Contribution means an Employer contribution to the Plan in an amount equal to the reduction in the Participant's Compensation pursuant to the Participant's election under the Plan.
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Savings Contribution means the amount of Tax Saver Deferral and Standard Saver Contribution by or on behalf of a Participant, not in excess of sixteen percent (16%) of his Compensation.
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Savings Contribution means a participant's after-tax contributions to the Company's 401(k) and Savings Plan.
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