Common use of 457 Plan Clause in Contracts

457 Plan. Participants will need to complete a salary deferral election to begin making voluntary contributions to the 457 Plan. The annual maximum amount of voluntary contributions under the 457 Plan will be set forth in the plan documents and consistent with limitations under the Internal Revenue Code. The Employer will make matching contributions to the DC Plan based on the participants’ voluntary contributions under the 457 Plan, up to the maximum set forth in the table above in paragraph (b).

Appears in 18 contracts

Samples: Agreement, Agreement, Agreement

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