Nondeductible Contributions. You may make nondeductible contributions to your XXX to the extent that deductible contributions are not allowed. The sum of your deductible and nondeductible XXX contributions cannot exceed your contribution limit (the lesser of the allowable contribution limit described previously, or 100 percent of compensation). You may elect to treat deductible XXX contributions as nondeductible contributions.
Appears in 4 contracts
Samples: Traditional Ira Adoption Agreement, Individual Retirement Custodial Account Agreement, Ira Plan Agreement