Common use of Tax Deferred Annuities Clause in Contracts

Tax Deferred Annuities. The Employer agrees to deduct twice each month tax-deferred 403(b) employee contributions and to remit such contributions to a single Employer approved 403(b) vendor or third party administrator within one (1) week following the deduction subject to the following conditions:

Tax Deferred Annuities. The Employer agrees to will deduct twice each month tax-deferred 403(b) employee contributions and to remit such those contributions to a single Employer approved 403(b) vendor or third third-party administrator within one (1) week following after the deduction deduction, subject to the following conditions: