Compensation Limitation. The Compensation Limitation is an amount equal to 25% of the Participants Code Section 415 Compensation for the Limitation Year. However, this limitation will not apply to any contribution made for medical benefits within the meaning of Code Section 401(h) or Code Section 419A(f)(2) after separation from service which is otherwise treated as an Annual Addition under Code Section 415(l)(1) or Code Section 419A(d)(2).
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Samples: Employee Stock Ownership Plan & Trust (Picis Inc), Employee Stock Ownership Plan & Trust (Picis Inc)
Compensation Limitation. The Compensation Limitation is an amount equal to 25100% of the Participants Participant’s Code Section 415 §415(c)(3) Compensation for the Limitation Year. However, this limitation will not apply to any contribution made for medical benefits within the meaning of Code Section §401(h) or Code Section §419A(f)(2) after separation from service which is otherwise treated as an Annual Addition under Code Section §415(l)(1) or Code Section §419A(d)(2).
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Samples: 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)
Compensation Limitation. The Compensation Limitation is an amount equal to 25% of the Participants Code Participant’s Section 415 Compensation for the Limitation Year. However, this This limitation will not apply to any contribution made for medical benefits within the meaning of Code Section 401(h) or Code Section §419A(f)(2) after separation from service which is otherwise treated as an Annual Addition or to any amount treated as an Annual Addition under Code Section §415(l)(1) or Code Section 419A(d)(2).
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