Contributions from Wages to PFFA HSR Plan Mandatory Sample Clauses

Contributions from Wages to PFFA HSR Plan Mandatory. The contribution of percentage of wages to the PFFA HSR Plan established under subsections 2(a) and 2(b) above shall be mandatory for all employees employed in the classifications identified in subsection (a) above. No individual employee can opt out or increase or decrease the percentage of wages withheld for transfer to the PFFA HSR Plan. No employee may receive a cash payout of the wage contribution in lieu of contribution to the PFFA HSR Plan.
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Related to Contributions from Wages to PFFA HSR Plan Mandatory

  • When Must Distributions from a Xxxxxxxxx Education Savings Account Begin? Distribution of a Xxxxxxxxx Education Savings Account must be made (or otherwise will be deemed made) no later than 30 days from the earlier of the beneficiary’s death or attainment of age 30. A distribution from a Xxxxxxxxx Education Savings Account may be rolled over to another beneficiary’s Xxxxxxxxx Education Savings Account according to the requirements of Section (4). Note that the Economic Growth and Tax Relief Reconciliation Act of 2001 waives the distribution age limitation if the beneficiary of the Xxxxxxxxx Education Savings Account is a “Special Needs” student.

  • 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.

  • How Are Contributions to a Xxxxxxxxx Education Savings Account Reported for Federal Tax Purposes? Contributions to a Xxxxxxxxx Education Savings Account are reported on IRS Form 5498-ESA.

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