Tax-free Earnings Sample Clauses

Tax-free Earnings. The earnings, including gains and losses, on Your spouse beneficiary can take a distribution of part or all of your Xxxx XXX contributions accumulate tax-deferred. At the time of his/her share of your Xxxx XXX and roll it over to a Xxxx XXX of your distribution, the earnings will be free from federal income tax if his/her own, less any RMD. your distribution is a qualified distribution.
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Tax-free Earnings. The earnings, including gains and losses, on your Xxxx XXX contributions accumulate tax-deferred. At the time of your distribution, the earnings will be free from federal income tax if your distribution is a qualified distribution.
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Related to Tax-free Earnings

  • Average Contribution Amount For purposes of this Agreement, to ensure that all employees enrolled in health insurance through the City’s HSS are making premium contributions under the Percentage-Based Contribution Model, and therefore have a stake in controlling the long term growth in health insurance costs, it is agreed that, to the extent the City's health insurance premium contribution under the Percentage-Based Contribution Model is less than the “average contribution,” as established under Charter section A8.428(b), then, in addition to the City’s contribution, payments toward the balance of the health insurance premium under the Percentage-Based Contribution Model shall be deemed to apply to the annual “average contribution.” The parties intend that the City’s contribution toward employee health insurance premiums will not exceed the amount established under the Percentage-Based Contribution Model.

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