Common use of Tax Sheltered Annuities Clause in Contracts

Tax Sheltered Annuities. The College will deduct from the compensation of any Employee and remit to a designated investment organization the amount authorized by an Employee for investment in a qualified tax sheltered annuity plan, if: a. The Employee has filed a written authorization with the College Business Office to make the deduction, and, b. The Employee has filed the written contract between the Employee and the investment organization, on forms provided by the College.

Tax Sheltered Annuities. The College will deduct from the compensation of any Employee and remit to a designated investment organization the amount authorized by an Employee for investment in a qualified tax sheltered annuity plan, if:investment a. The Employee has filed a written authorization with the College Business Office to make the deduction, and, b. The Employee has filed the written contract between the Employee and the investment organization, on forms provided by the College.