Contribution Type Sample Clauses

Contribution Type. A Plan Sponsor may choose one or more types of Plan Sponsor Contributions.
Sample 1Sample 2Sample 3
Contribution Type. Contributions under a SIMPLE XXX plan are in the form of employee salary deferrals, employer contributions (either matching or non-elective) and any other type permitted by the Code or Regulations
Sample 1
Contribution Type. Contributions under a SIMPLE IRA plan are in the form of employee salary deferrals, employer contributions (either matching or non-elective) and any other type permitted by the Code or Regulations
Sample 1
Contribution Type. All contributions Matching Contribution (Formula 1) Matching Contribution (Formula 2) Non-Elective Contribution (Formula 1) Non-Elective Contribution (Formula 2) QMAC QNEC 1
Sample 1
Contribution Type. Depositor Authorization
Sample 1
Contribution Type. Xxxx Price is considered to be an approved vendor for the Plan, and participants may direct 403(b)(7) contributions to X. Xxxx Price unless you check “No direct contributions.” When “No direct contributions” is checked, participants will only be able to exchange between approved vendors listed in Section 5D. 🞏 Pretax salary reduction �� Employer discretionary 🞏 Employer matching 🞏 No direct contributions 🞏 No 🞏 Yes • If this is a non-ERISA plan, Employer authorizes X. Xxxx Price to automatically process all direct and indirect participant rollover contributions, excluding rollovers of after-tax amounts. • If this is an ERISA plan, the Plan Administrator is required to authorize each participant rollover contribution before acceptance by X. Xxxx Xxxxx. Complete this section to provide or update vendor information. This will replace any vendors currently on file with X. Xxxx Price within the same Employer Plan. If this section is left blank, vendors will not be added or changed.
Sample 1
Contribution Type. Annual contributions – Current contribution for the year . Check enclosed for $ . This contribution does not exceed the maximum permitted amount as described in the traditional IRA Disclosure Statement. Conversion from existing traditional IRA with Xxxxxxxxx to a Xxxx XXX with Xxxxxxxxx. Current traditional IRA account number: Amount to be converted $ or All Tax Withholding Election for Conversion Under IRS rules, a conversion of a traditional IRA to a Xxxx XXX is treated for income tax purposes as a distribution of taxable amounts in the traditional IRA, therefore we are required to withhold federal income tax of 10%, unless you opt out of withholding or request a different percentage by checking the box below and completing and submitting IRS Form W-4R with this application. Check this box if you would like to withhold any amount other than 10%, and complete and submit IRS Form W-4R with this application. This form is available for download at xxxxxxxxx.xxx or by calling us at 000.000.0000. Xxxxxxxxx Investment Management Conversion from existing traditional IRA or other eligible retirement plan with another custodian or trustee to a Xxxx XXX with Xxxxxxxxx. Recharacterization A nontaxable movement of a Traditional IRA contribution into this Xxxx XXX – by selecting this transaction, I irrevocably designate this contribution as a recharacterization Rollover or Transfer from existing Xxxx XXX with another custodian or trustee to a Xxxx XXX with Xxxxxxxxx. Complete the Universal IRA Transfer of Assets Form if either 3 or 4 is checked and the transaction is a transfer (as opposed to a rollover).
Sample 1
Contribution Type. Xxxx Price is considered to be an approved vendor for the Plan, and participants may direct 403(b)(7) contributions to X. Xxxx Price unless you check “No direct contributions.” When “No direct contributions” is checked, participants will only be able to exchange between approved vendors listed in Section 5D.  Pretax salary reductionEmployer discretionaryEmployer matching  No direct contributions  No  Yes • If this is a non-ERISA plan, Employer authorizes X. Xxxx Price to automatically process all direct and indirect participant rollover contributions, excluding rollovers of after-tax amounts. • If this is an ERISA plan, the Plan Administrator is required to authorize each participant rollover contribution before acceptance by X. Xxxx Price.
Sample 1

Related to Contribution Type

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04. PART I. [OPTIONS (a) THROUGH (d)].

  • Rollover Contributions An amount which qualifies as a rollover contribution pursuant to the Federal Internal Revenue Code may be transferred to and paid under this contract as a contribution for a Participant. Prudential may require proof that the amount paid so qualifies.

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • User Contributions The Website may contain message boards, chat rooms, personal web pages or profiles, forums, bulletin boards, and other interactive features (collectively, "Interactive Services") that allow users to post, submit, publish, display, or transmit to other users or other persons (hereinafter, "post") content or materials (collectively, "User Contributions") on or through the Website. All User Contributions must comply with these Terms of Use. Any User Contribution you post to the site will be considered non-confidential and non- proprietary. By providing any User Contribution on the Website, you grant us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns the right to use, reproduce, modify, perform, display, distribute, and otherwise disclose to third parties any such material. You represent and warrant that: • You own or control all rights in and to the User Contributions and have the right to grant the license granted above to us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns. • All of your User Contributions do and will comply with these Terms of Use. You understand and acknowledge that you are responsible for any User Contributions you submit or contribute, and you, not the Company, have full responsibility for such content, including its legality, reliability, accuracy, and appropriateness. We are not responsible or liable to any third party for the content or accuracy of any User Contributions posted by you or any other user of the Website.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.