Annual Compensation Limit definition

Annual Compensation Limit means $150,000, which amount may be adjusted in subsequent Plan Years based on changes in the cost of living as announced by the Secretary of the Treasury.
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Annual Compensation Limit means $225,000, as adjusted by the Commissioner of Internal Revenue for increases in the cost-of-living in accordance with Code Section 401(a)(17)(B).
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Annual Compensation Limit means (1) $200,000 for the Plan Year beginning in 1989, which amount may be adjusted in subsequent Plan Years through the Plan Year beginning in 1993, based on changes in the cost of living as announced by the Secretary of the Treasury, and (2) $150,000 for the Plan Year beginning in 1994, which amount may be adjusted in subsequent Plan Years based on changes in the cost of living as announced by the Secretary of the Treasury.
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Examples of Annual Compensation Limit in a sentence

  • Section 415 Compensation shall not exceed the Annual Compensation Limit.

  • Compensation for any Plan Year may not exceed the Annual Compensation Limit.

  • Compensation for (i) and (iii) above for a Plan Year is determined without regard to the Annual Compensation Limit.

  • Nevertheless both home and host governments can play critical roles to reduce such risks so as to stimulate the appropriation of more synergies once the assets of foreign direct investors are already in operation.

  • For this purpose, for Plan Years beginning before January 1, 2002, the Annual Compensation Limit is $200,000.


More Definitions of Annual Compensation Limit

Annual Compensation Limit means $265,000, which amount may be adjusted in subsequent Plan Years based on changes in the cost of living as announced by the Secretary of the Treasury. In determining any benefit accruals in Plan Years beginning after June 30, 2002, the Annual Compensation Limit for Plan Years beginning before July 1, 2002, shall be the dollar amount as previously in effect under Code Section 401(a)(17), as modified by Plan Section 1.6(e).
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Annual Compensation Limit means $250,000 (for the 2012 Plan Year), which amount may be adjusted in subsequent Plan Years based on changes in the cost of living as announced by the Secretary of the Treasury.
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Annual Compensation Limit means the limitation on Base Wages and Compensation that may be taken into account under the Plan, in accordance with Code Section 401(a)(17) for a Plan Year. The Annual Compensation Limit shall be adjusted as of the first day of each Plan Year in accordance with Code Section 401(a)(17)(B).
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Annual Compensation Limit means $230,000 (for the 2008 Plan Year), which amount may be adjusted in subsequent Plan Years based on changes in the cost of living as announced by the Secretary of the Treasury. If a determination period consists of fewer than twelve months, the Annual Compensation Limit shall be multiplied by a fraction, the numerator of which is the number of months in the determination period and the denominator of which is twelve.
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Annual Compensation Limit means the limit for contributions to a 403(b) and 401(a) Plan set forth in Code Section 401(a) (17), as the same is adjusted from year to year.
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Annual Compensation Limit means the limit equal to the product of two (2) times the limit under Code section 401(a)(17) in effect for the Plan Year.
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Annual Compensation Limit means the annual compensation limit determined under section 401(a)(17) of the Code. Compliance with the Annual Compensation Limit shall be determined in accordance with the following rules:
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