Common use of Maximum Salary Reduction Clause in Contracts

Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral Amount Annual Catch-up Amount* 2021 2022 $13,500 $14,000 $3,000 $3,000 *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually.

Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral Amount Annual Catch-up Amount* 2021 $19,500 $6,500 2022 $13,500 20,500 $14,000 $3,000 $3,000 6,500 *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually.

Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral Amount Annual Catch-up Amount* 2021 2022 $13,500 2023 $14,000 $15,500 $3,000 $3,000 3,500 *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually.

Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral Amount Annual Catch-up Amount* 2021 2022 2018 2019 $13,500 12,500 $14,000 13,000 $3,000 $3,000 *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually.

Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral Amount Annual Catch-up Amount* 2021 2022 2016 2017 $13,500 12,500 $14,000 12,500 $3,000 $3,000 *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually.

Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral Amount Annual Catch-up Amount* 2021 2022 2019 2020 $13,000 $13,500 $14,000 $3,000 $3,000 *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually.

Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral Amount Annual Catch-up Amount* 2021 2022 2019 $13,500 19,000 $14,000 6,000 2020 $3,000 19,500 $3,000 6,500 *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually.

Maximum Salary Reduction. I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amounts listed below. Tax Year Annual Deferral Amount Annual Catch-up Amount* 2021 2022 2016 $13,500 $14,000 $3,000 12,500 $3,000 *Employees age 50 or older by the end of the calendar year may make additional elective deferral contributions annually.