Annual contribution limit definition
Annual contribution limit means the annual limit on contributions from all sources to an account in a qualified ABLE program under Section 529A.
Annual contribution limit means the limit established in section 529A(b)(2) of the Internal Revenue Code, 26 U.S.C. 529A(b)(2).
Annual contribution limit means the amount contemplated in section 12T(4)(a) of the Income Tax Act;
Examples of Annual contribution limit in a sentence
Reimburse yourself for eligible dental or vision expenses right away (See IRS Pub 502 for details.) 2012 Annual contribution limit: $5,000, (or $2,500 for married filing separately).
In addition, the portion of the roll- over or transfer amount that constituted earnings of the account from which the distribution or transfer was made is add- ed to the earnings of the recipient ABLE account.(2) Annual contribution limit.
Annual contribution limit for defined contribution plans: $50,000.00D.
In addition, the portion of the rollover or transfer amount that constituted earnings of the account from which the distribution or transfer was made is added to the earnings of the recipient ABLE account.(2) Annual contribution limit.
More Definitions of Annual contribution limit
Annual contribution limit. For 2022, the annual Federal limit for salary reduction contributions to a retirement plan is $20,500. The catch-up contribution limit for employees age 50 and over is $27,000.
Annual contribution limit means the amount as contemplated in section 12T(4)(a) of the ITA;
Annual contribution limit means the amount of R36 000.00, which is the maximum annual contribution which may be made to any Tax-Free investment (which amount may be amended from time to time);