Common use of Maximum Contribution Clause in Contracts

Maximum Contribution. Total and overall limitations on Contributions in a calendar year for a Participant are subject to the limits imposed under Sections 402(g), 403(b) and 415 of the Internal Revenue Code of 1986 (the Code), as it may be amended from time to time. UNUM assumes no responsibility for monitoring these limits for a Participant.

Appears in 3 contracts

Samples: Group Variable Annuity Contract (Va I Separate Account of Unum Life Ins Co of America), Group Variable Annuity Contract (Va I Separate Account of Unum Life Ins Co of America), Group Variable Annuity Contract (Va I Separate Account of Unum Life Ins Co of America)

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Maximum Contribution. Total and overall limitations on Contributions in a calendar year for a Participant are subject to the limits imposed under Sections 402(g), 403(b) and 415 of the Internal Revenue Code of 1986 (the Code), as it may be amended from time to time. UNUM LL&A assumes no responsibility for monitoring these limits for a Participant.

Appears in 2 contracts

Samples: Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii), Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii)

Maximum Contribution. Total and overall limitations on Contributions in a calendar year for a Participant are subject to the limits imposed under Sections 402(g), 403(b) and 402(g),and 415 of the Internal Revenue Code of 1986 (the Code), as it may be amended from time to time. UNUM LL&A assumes no responsibility for monitoring these limits for the Plan, the Employer or a Participant.

Appears in 1 contract

Samples: Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Iii)

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Maximum Contribution. Total and overall limitations on Contributions in a calendar year for a Participant are subject to the limits imposed under Sections 402(g), 403(b) and 415 of the Internal Revenue Code of 1986 (the Code), as it may be amended from time to time. UNUM LL&A assumes no responsibility for monitoring these limits for a Participant. Form No.: GAC 96-101 (NY) 10

Appears in 1 contract

Samples: Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii)

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