401(a)(17) Limit definition
401(a)(17) Limit means the amount of compensation which may be considered by a plan sponsor for purposes of determining benefits under a qualified retirement plan. This amount is automatically adjusted annually by the Secretary of the Treasury for increases in the cost-of-living and such adjustment shall automatically be taken into account by the Plan.
401(a)(17) Limit means with respect to a Plan Year the dollar limitation under Section 401(a)(17) of the Code in effect for such year.”
401(a)(17) Limit means the maximum amount of annual compensation taken into account pursuant to Section 401(a)(17)(A) of the Code as in effect from time to time.
Examples of 401(a)(17) Limit in a sentence
Section 415 Compensation shall for this purpose be limited to the 401(a)(17) Limit for the Plan Year, which amount for the Plan Year beginning October 2, 1999 is $160,000.
For Plan Years commencing before January 1, 1997, for purposes of applying the 401(a)(17) Limit to Earnings, the Earnings of any of the 10 most highly compensated Highly Compensated Employees (as such term is defined in Article 1 of Appendix A) or any five-percent owner shall be determined by combining the Earnings of such top-10 Highly Compensated Employee or five- percent owner with the Earnings of any Employees who are family members of such top-10 Highly Compensated Employee or five-percent owner.
More Definitions of 401(a)(17) Limit
401(a)(17) Limit means the indexed limit on compensation that may be taken into account under the Plan as provided under Section 401(a)(17) of the Code.
401(a)(17) Limit means the compensation limit in effect for the Defined Contribution Plan established pursuant to Code Section 401(a)(17) ($245,000 for 2011).
401(a)(17) Limit means the compensation limit described in Code Section 401(a)(17) in effect for such Plan Year.
401(a)(17) Limit means the compensation limit in effect for the Defined Contribution Plan established pursuant to Section 401(a)(17) of the Code ($230,000 for 2008).
401(a)(17) Limit means Pension Plan and Savings Plan provisions adopted pursuant to Section 401(a)(17) of the Code to limit earnings considered for purposes of computing Pension Plan benefits and Savings Plan contributions.
401(a)(17) Limit means the maximum amount of annual compensation taken into account pursuant to Section 401(a)(17)(A) of the Code as in effect from time to time (which, in calendar year 2003, is Two Hundred Thousand Dollars ($200,000)).
401(a)(17) Limit means the compensation limit described in Code Section 401(a)