Common use of Time and Manner of Contributions Clause in Contracts

Time and Manner of Contributions. a The Employer will make the salary reduction contributions (described in 1 above) for each eligible employee to the SIMPLE IRA established at the financial institution selected by that employee no later than 30 days after the end of the month in which the money is withheld from the employee's pay. See instructions.

Time and Manner of Contributions. a The Employer will make the salary reduction contributions (described in 1 above) for each eligible employee to the designated financial institution for the IRAs established under this SIMPLE IRA established at the financial institution selected by that employee plan no later than 30 days after the end of the month in which the money is withheld from the employee's ’s pay. See instructions.