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Common use of Plan Year Clause in Contracts

Plan Year. You must define the "plan year," usually it will follow the business tax year. Limitation Year - You must define the "limitation year" (12 month period for testing allocations to each employee's account), for administrative convenience it should match the plan year.

Appears in 16 contracts

Samples: Adoption Agreement (Invesco Growth Fund Inc /Co/), Nonstandardized 401(k) Plan Adoption Agreement (Invesco Value Trust), Adoption Agreement (Invesco Industrial Income Fund Inc)

Plan Year. You must define the "plan year,." usually Usually it will follow the business tax year. Limitation Year - You must define the "limitation year" (12 month period for testing allocations to each employee's account), for . For administrative convenience it should match the plan year.

Appears in 12 contracts

Samples: Adoption Agreement (Invesco Multiple Asset Funds Inc), Adoption Agreement (Invesco Income Funds Inc), Adoption Agreement (Invesco Capital Appreciation Funds Inc)

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