Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal and state law, employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing 457 and/or 401k plan offered through the State’s Savings Plus Program (SPP).
Appears in 10 contracts
Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal and state law, employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing 457 and/or and/ or 401k plan offered through the State’s Savings Plus Program (SPP).
Appears in 6 contracts
Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal and state law, employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing IRC 457 and/or 401k IRC 401(k) plan offered through the State’s Savings Plus Program (SPP).
Appears in 4 contracts
Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal Federal and state State law, employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing 457 and/or 401k plan offered through the State’s Savings Plus Program (SPP).
Appears in 3 contracts
Samples: Agreement, Entire Agreement, Agreement
Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal and state law, employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing 457 and/or 401k 401(k) plan offered through the State’s Savings Plus Program (SPP).
Appears in 1 contract
Samples: Agreement
Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal Federal and state State law, employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing 457 and/or 401k 401(k) plan offered through the State’s Savings Plus Program (SPP).
Appears in 1 contract
Samples: Agreement
Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal Federal and state State law, employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing 457 and/or 401k 401(k) plan offered through the State’s Savings Plus Program (SPP).
Appears in 1 contract
Samples: Agreement
Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal Federal and state State law, employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing 457 and/or 401k plan offered through the State’s Savings Plus Program (SPP).
Appears in 1 contract
Samples: Agreement
Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal and state law, employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing IRC 457 and/or 401k IRC 401(K) plan offered through the State’s Savings Plus Program (SPP).
Appears in 1 contract
Samples: Agreement
Tax Deferral of Lump Sum Leave Cash Out Upon Separation. A. To the extent permitted by federal Federal and state law, State law employees who separate from State service who are otherwise eligible to cash out their vacation and/or annual leave balance, may ask the State to tax defer and transfer a designated monthly amount from their cash payment into their existing 457 and/or 401k 401(k) plan offered through the State’s Savings Plus Program (SPP).
Appears in 1 contract
Samples: Agreement