Applicable Dollar Amount definition

Applicable Dollar Amount means the amount of Compensation allowed to be deferred in any calendar year as established under section 457(e)(15) of the Code.
Applicable Dollar Amount means the "applicable dollar amount" determined pursuant to Section 457(e)(15) of the Code and in effect for the calendar year, as adjusted for cost-of-living increases in accordance with Treasury Regulation Section 1.457-4(c)(4).
Applicable Dollar Amount means the following:

Examples of Applicable Dollar Amount in a sentence

  • Applicable Dollar Amount shall mean (i) $150,000, in the case of an individual filing a joint Federal income tax return, (ii) $95,000, in the case of any other Individual (other than a married Individual filing separately), and (iii) $0, in the case of a married Individual filing separately.

  • The maximum amount of the Annual Deferral under the Plan for any calendar year shall not exceed the lesser of (i) the Applicable Dollar Amount or (ii) the Participant’s Includible Compensation for the calendar year.

  • Maximum deferralsThe maximum amount of the Deferral under the Plan for any calendar year shall not exceed the lesser of (i) the "Applicable Dollar Amount" or (ii) the Participant's "Includible Compensation" for the calendar year.

  • For purposes of this Section, the Applicable Dollar Amount is the amount established under Section 457(e)(15) of the Code; and the Participant's Includible Compensation has the same definition as "Compensation" in 590:40-7-46.

  • Except as otherwise provided in this paragraph, the maximum amount of Deferred Compensation and Employer contributions (if any) for any Participant for any taxable year shall not exceed the lesser of the Applicable Dollar Amount or 100% of the Participant's Includible Compensation (as defined on or after January 1, 2002) for the taxable year.


More Definitions of Applicable Dollar Amount

Applicable Dollar Amount means four dollars and fifty cents ($4.50) for any taxable year beginning on or after January 1, 2001, and before January 1, 2006.
Applicable Dollar Amount means $100,000; provided, however, that such amount shall be increased to $150,000 on the earliest to occur of (i) January 1, 2008, (ii) death, (iii) Disability, or (iv) a Change of Control, in each case so long as Executive is employed by the Company on such date. (2) Section 1 of the Agreement is hereby amended by the addition of the following Section 1.5A to read as follows:
Applicable Dollar Amount. ’ means four dollars and fifty
Applicable Dollar Amount means t he following: ‘‘(i) I n t he case of a taxpa yer fili ng a join t re-
Applicable Dollar Amount means, in the case of a married Participant filing a joint return, $40,000, in the case of any other individual other than a married individual filing a separate return, $25,000, and in the case of a married individual filing a separate return, zero. The Applicable Dollar Amounts shall increase as provided in Code section 219(g)(2)(A)(ii) and (3)(B). Effective for Tax Years beginning after December 31, 1997, with respect to an individual who is not an Active Participant at any time during any plan year ending with or within the Tax Year, but whose spouse files a joint return with the individual and is an Active Participant for any part of such plan year, the Applicable Dollar Amount shall be $150,000.
Applicable Dollar Amount means, for any taxable year, (a)
Applicable Dollar Amount means the applicable dollar amount within the meaning of Code sections 457(b)(2)(A) and 457(e)(15)(A), as adjusted for the cost-of-living in accordance with Code section 457(e)(15)(B). Includible compensation includes only compensation attributable to services performed for the Employer and only to the extent such compensation is includable in gross income for the year (determined without regard to any community property laws). In the participant's last three taxable years ending before he attains normal retirement age, a participant may also defer an additional amount under the Plan equal to the lesser of (1) two times the Applicable Dollar Amount under the preceding sentences or (2) the current year's Applicable Dollar Limit plus the total amount of the Applicable Dollar Limit for each preceding taxable year that was not used. The preceding limits on deferrals shall be reduced by any deferrals under any other non-qualified deferred compensation plan or agreement of the Employer. For purposes of this section 4, normal retirement age shall be 65.