Contribution Type Sample Clauses

Contribution Type. A Plan Sponsor may choose one or more types of Plan Sponsor Contributions.
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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.
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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.
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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
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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.
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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).
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Contribution Type. Depositor Authorization
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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.
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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 A rollover is a tax-free distribution of cash or other assets from one retirement program to another. There are two kinds of rollover contributions to an IRA. Xx one, you contribute amounts distributed to you from one IRA xx another IRA. Xxth the other, you contribute amounts distributed to you from your employer's qualified plan or 403(b) plan to an IRA. X rollover is an allowable IRA xxxtribution which is not subject to the limits on regular contributions discussed in Part D above. However, you may not deduct a rollover contribution to your IRA xx your tax return. If you receive a distribution from the qualified plan of your employer or former employer, the distribution must be an "eligible rollover distribution" in order for you to be able to roll all or part of the distribution over to your IRA. Xxe portion you contribute to your IRA xxxl not be taxable to you until you withdraw it from the IRA. Xxur employer or former employer will give you the opportunity to roll over the distribution directly from the plan to the IRA. Xx you elect, instead, to receive the distribution, you must deposit it into the IRA xxxhin 60 days after you receive it. An "eligible rollover distribution" is any distribution from a qualified plan that would be taxable other than (1) a distribution that is one of a series of periodic payments for an employee's life or over a period of 10 years or more, (2) a required distribution after you attain age 70 1/2 and (3) certain corrective distributions. If the entire amount in your IRA xxx been contributed in a tax-free rollover from your employer's or former employer's qualified plan or 403(b) plan, you may later roll over the IRA xx a new employer's plan if such plan permits rollovers. Your IRA xxxld then serve as a conduit for those assets. However, you may later roll those IRA xxxds into a new employer's plan only if you make no further contributions to that IRA, xx commingle the IRA xxxlover funds with existing IRA xxxets.

  • 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.

  • 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.

  • Company Contributions The Company shall continue to make a Company Contribution for Plan Years 2017, 2018 and 2019, on the same terms and conditions set forth in the Participant Agreement, with the performance metrics and targets in connection with such Company Contributions for such Plan Years to be established in the sole discretion of the Committee, following consultation with the Chief Executive Officer of the Company.

  • Rollover Contributions and Transfers The Custodian shall have the right to receive rollover contributions and to receive direct transfers from other custodians or trustees. All contributions must be made in cash or check.

  • Contribution Amounts The Sellers and the Underwriters agree that it would not be just or equitable if contribution pursuant to this Section 8 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in Section 8.7. The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages that such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The remedies provided for in this Section 8 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity.

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