Tax Advantage. The University System of New Hampshire offers its eligible faculty and staff members the opportunity to participate in a 403(b) voluntary defined contribution retirement plan. The 403(b) plan provides the opportunity to save for retirement on a tax-advantaged basis. The Summary of Plan Provisions describes plan information, including, but not limited to eligibility, enrollment, contribution levels, vesting (including breaks in service), beneficiaries, withdrawals, involuntary termination, additional retirement contributions, and annual limits. The Plan is subject to federal laws, such as the Internal Revenue Code (IRS) and other federal and state laws. The provisions of the Plan are subject to revision due to changes in laws or to pronouncement(s) by the IRS.
Tax Advantage. An investment objective of Tax- Advantage indicates that you seek to minimize tax liability and are willing to invest in securities that provide a tax benefit. Some examples of typical investments might Include municipal bonds, tax exempt mutual funds or municipal bond mutual funds.
Tax Advantage. Before you decide whether or not to establish a DepCare account, ask yourself these questions: ▪ Would the DepCare reimbursement account be more favorable than the dependent care income tax credit – or do you want to use a combination of both? ▪ What are your yearly dependent are costs? ▪ Will the full amount of your dependent care costs exceed the maximum allowable contribution for DepCare?
Tax Advantage. To the extent any circumstances triggering an obligation or liability of the Sellers under, or in connection with, this Agreement (other than under Section 8 below), for which the Purchaser has been compensated by the Sellers or a third party in connection with this Agreement, should lead to a future net Tax advantage after taking into account the claim by Purchaser hereunder in particular a reduced Tax burden, of any of the Xxxxx Group Companies, such Tax advantage shall be passed on to the Sellers when actually received or realized, to the extent within six years from the Closing Date.
