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. b The Employer will make the matching or nonelective contributions (described in 2a and 2b above) for each eligible employee to the SIMPLE IRA established at the financial institution selected by that employee no later than the due date for filing the Employer’s tax return, including extensions, for the taxable year that includes the last day of the calendar year for which the contributions are made. For Paperwork Reduction Act Notice, see page 6.

Appears in 2 contracts

Samples: Simple Ira Employer Agreement, Simple Ira Employer Agreement

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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 pay. See instructions. b The Employer will make the matching or nonelective contributions (described in 2a and 2b 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 the due date for filing the Employer’s tax return, including extensions, for the taxable year that includes the last day of the calendar year for which the contributions are made. For Paperwork Reduction Act Notice, see page 6.

Appears in 1 contract

Samples: Custodial Agreement

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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. b The Employer will make the matching or nonelective contributions (described in 2a and 2b above) for each eligible employee to the SIMPLE IRA established at the financial institution selected by that employee no later than the due date for filing the Employer’s tax return, including extensions, for the taxable year that includes the last day of the calendar year for which the contributions are made. For Paperwork Reduction Act Notice, see page 6.

Appears in 1 contract

Samples: Simple Ira Adoption Agreement

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