Common use of Catch-Up Contributions Clause in Contracts

Catch-Up Contributions. The Plan X will / □ will not (check one) permit Participants to make Code section 414(v) catch-up contributions up to the amounts set forth in the chart below (as permitted under the rules coordinating last three years catch-up contributions and Code section 414(v) catch-up contributions). Year Age 50 Catch-up Limit 2017 $6,000 2018 and later As adjusted for the cost-of-living Note: If the Plan permits Xxxx elective deferral contributions, Xxxx catch-up contributions will also be permitted and treated as pre-tax catch-up contributions for all purposes under the Plan.

Catch-Up Contributions. The Plan X □ will / □ X will not (check one) permit Participants to make Code section 414(v) catch-up contributions up to the amounts set forth in the chart below (as permitted under the rules coordinating last three years catch-up contributions and Code section 414(v) catch-up contributions). Year Age 50 Catch-up Limit 2017 $6,000 2018 and later As adjusted for the cost-of-living Note: If the Plan permits Xxxx elective deferral contributions, Xxxx catch-up contributions will also be permitted and treated as pre-tax catch-up contributions for all purposes under the Plan.