Deferral Limits. a. Employees should ensure that tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts. b. Employer Contributions/Employee Deferrals: • 403(b) employer contributions are in addition to your limit • 457 employer contributions are included in your limit c. For detailed current information concerning deferral limits, see the IRS website (xxx.xxx.xxx). For current information about maximum shelter amounts, additional contributions, catch-up limits, and other details concerning the 457 or 403(b) plans, consult the plan’s representative or website.
Appears in 8 contracts
Samples: Adult Education Teacher Contract, Adult Education Teacher Contract, Adult Education Teacher Contract
Deferral Limits. a. Employees should ensure that tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts.
b. Employer Contributions/Employee Deferrals: • 403(b) employer contributions are in addition to your limit • 457 employer contributions are included in your limit
c. For detailed current information concerning deferral limits, see the IRS website (xxx.xxx.xxx). For current information about maximum shelter amounts, additional contributions, catch-up limits, and other details concerning the 457 or 403(b) plans, consult the plan’s representative or website.
Appears in 5 contracts
Samples: Adult Education Teacher Contract, Adult Education Teacher Contract, Collective Bargaining Agreement
Deferral Limits. a. Employees should ensure that tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts.
b. Employer Contributions/Employee Deferrals: • 403(b) employer contributions are in addition to your limit • 457 employer contributions are included in your limit
c. For detailed current information concerning deferral limits, see the IRS website (xxx.xxx.xxx). For current information about maximum shelter amounts, additional contributions, catch-up limits, and other details concerning the 457 or 403(b) plans, consult the plan’s representative or website.457
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Deferral Limits. a. Employees should ensure that tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts.
b. Employer District Contributions/Employee Deferrals: • 403(b) employer District contributions are in addition to your limit • 457 employer District contributions are included in your limit
c. For detailed current information concerning deferral limits, see the IRS Internal Revenue Service (IRS) website (xxx.xxx.xxx). For current information about maximum shelter amounts, additional contributions, catch-up limits, and other details concerning the 457 or 403(b) plans, consult the plan’s plans representative or website.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Deferral Limits. a. Employees should ensure that tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts.
b. Employer Contributions/Employee Deferrals: • 403(b) employer contributions are in addition to your limit limit. • 457 employer contributions are included in your limit.
c. For detailed current information concerning deferral limits, see the IRS website (xxx.xxx.xxx). For current information about maximum shelter amounts, additional contributions, catch-up limits, and other details concerning the 457 or 403(b) plans, consult the plan’s representative or website.
Appears in 1 contract
Samples: Collective Bargaining Agreement
