Contribution Limit definition

Contribution Limit means the limit under Code section 402(g)(1)(B). “Disability” means a disability within the meaning of Code section 72(m)(7). “Domestic Relations Order” means a domestic relations order that meets the
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Contribution Limit means the limit under Code section 402(g)(1)(B).
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Contribution Limit means the product of (a) seven (7) times (b) Total Compensation.
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Examples of Contribution Limit in a sentence

  • To determine the amount you may contribute to a ▇▇▇▇ ▇▇▇ (assuming it does not exceed 100% of your compensation), you can refer to IRS Publication 590-A: Modified Adjusted Gross Income for ▇▇▇▇ ▇▇▇ Purposes and Determining Your Reduced ▇▇▇▇ ▇▇▇ Contribution Limit.

  • Year 2020 2021 ▇▇▇▇ ▇▇▇ Contribution Limit $6,000 $6,000 You may make annual contributions to a ▇▇▇▇ ▇▇▇ in any amount up to 100% of your compensation for the year or the maximum contribution limits shown in the table above, whichever is less.

  • Year 2019 2020 ▇▇▇▇ ▇▇▇ Contribution Limit $6,000 $6,000 You may make annual contributions to a ▇▇▇▇ ▇▇▇ in any amount up to 100% of your compensation for the year or the maximum contribution limits shown in the table above, whichever is less.

  • To determine the amount you may contribute to a ▇▇▇▇▇▇▇▇▇ Education Savings Account, you can refer to IRS Publication 970: MAGI for a ▇▇▇▇▇▇▇▇▇ ESA and ▇▇▇▇▇▇▇▇▇ ESA Contribution Limit.

  • Year 2021 2022 ▇▇▇▇ ▇▇▇ Contribution Limit $6,000 $6,000 You may make annual contributions to a ▇▇▇▇ ▇▇▇ in any amount up to 100% of your compensation for the year or the maximum contribution limits shown in the table above, whichever is less.

  • In no case shall the Employer Non-elective Contribution exceed the Contribution Limit of the Internal Revenue Code.

  • Year 2023 2024 ▇▇▇▇ ▇▇▇ Contribution Limit $6,500 $7,000 You may make annual contributions to a ▇▇▇▇ ▇▇▇ in any amount up to 100% of your compensation for the year or the maximum contribution limits shown in the table above, whichever is less.

  • Year 2022 2023 ▇▇▇▇ ▇▇▇ Contribution Limit $6,000 $6,500 You may make annual contributions to a ▇▇▇▇ ▇▇▇ in any amount up to 100% of your compensation for the year or the maximum contribution limits shown in the table above, whichever is less.

  • Year 2024 2025 ▇▇▇▇ ▇▇▇ Contribution Limit $7,000 $7,000 You may make annual contributions to a ▇▇▇▇ ▇▇▇ in any amount up to 100% of your compensation for the year or the maximum contribution limits shown in the table above, whichever is less.

  • Year 2018 2019 ▇▇▇▇ ▇▇▇ Contribution Limit $5,500 $6,000 You may make annual contributions to a ▇▇▇▇ ▇▇▇ in any amount up to 100% of your compensation for the year or the maximum contribution limits shown in the table above, whichever is less.


More Definitions of Contribution Limit

Contribution Limit means the maximum amount, established by the Pension Committee pursuant to Section 3.05(a), of Deferred Cash Contributions that Employers may contribute to the Plan with respect to any calendar year on behalf of some or all Members who are Highly Compensated Employees.
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Contribution Limit means the product of (i) five (5) times (ii) Total Compensation.
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Contribution Limit means the applicable limitation on contributions described in section 415 of the Code for any Plan Year.
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Contribution Limit means, with respect to an Offering Period, the lesser of (i) 15% of an Eligible Employee’s Compensation for such Offering Period or (ii) $7,500.
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Contribution Limit means the limit on annual additions that may be allocated to a participant’s account as set forth in Article Ten of the Savings Plan.
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Contribution Limit means at any time the lesser of: (a)$33,927,500; and
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Related to Contribution Limit

  • Contribution Rate means, in a reserve study as described in RCW 64.34.380, the amount contributed to the reserve account so that the association will have cash reserves to pay major maintenance, repair, or replacement costs without the need of a special assessment.

  • Excess Contribution means a contribution that exceeds the

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Contribution Percentage means the percentage obtained by dividing (x) the Adjusted Net Worth (as defined below) of such Guarantor by (y) the aggregate Adjusted Net Worth of all Guarantors; (ii) the “Adjusted Net Worth” of each Guarantor shall mean the greater of (x) the Net Worth (as defined below) of such Guarantor and (y) zero; and (iii) the “Net Worth” of each Guarantor shall mean the amount by which the fair saleable value of such Guarantor’s assets on the date of any Relevant Payment exceeds its existing debts and other liabilities (including contingent liabilities, but without giving effect to any Guaranteed Obligations arising under this Guaranty or any guaranteed obligations arising under any guaranty of any Permitted Additional Indebtedness) on such date. Notwithstanding anything to the contrary contained above, any Guarantor that is released from this Guaranty pursuant to Section 17 hereof shall thereafter have no contribution obligations, or rights, pursuant to this Section 18, and at the time of any such release, if the released Guarantor had an Aggregate Excess Amount or an Aggregate Deficit Amount, same shall be deemed reduced to $0, and the contribution rights and obligations of the remaining Guarantors shall be recalculated on the respective date of release (as otherwise provided above) based on the payments made hereunder by the remaining Guarantors. All parties hereto recognize and agree that, except for any right of contribution arising pursuant to this Section 18, each Guarantor who makes any payment in respect of the Guaranteed Obligations shall have no right of contribution or subrogation against any other Guarantor in respect of such payment until the Termination Date. Each of the Guarantors recognizes and acknowledges that the rights to contribution arising hereunder shall constitute an asset in favor of the party entitled to such contribution. In this connection, each Guarantor has the right to waive its contribution right against any Guarantor to the extent that after giving effect to such waiver such Guarantor would remain solvent, in the determination of the Required Lenders.