Deferral Contribution definition

Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

Deferral Contribution means any contribution made at the election of the Participant pursuant to a salary reduction agreement in accordance with Section 4.01(a).

Deferral Contribution means a contribution by a Participant pursuant to Section 4.1 (Participant Contributions) of this Plan.

Examples of Deferral Contribution in a sentence

• If you elect to make Roth Deferral Contributions, the amount of your contribution will be included in your income for tax purposes, and the income tax withholding amounts will be deducted from the remainder of your pay, not from the Roth Deferral Contribution amount.For example, if you have annual compensation of $30,000 and elect to make a Roth Deferral Contribution to the Plan equal to 5% of your compensation, your Roth Deferral Contribution to the Plan will equal $1,500 (5% of $30,000).

• The tax withholding applicable to the amount you have elected to contribute to the Plan as a Roth Deferral Contribution will be applied against the remainder of your compensation.Except with respect to the income taxation of Roth Deferral Contributions at contribution (described above) and to the distribution of amounts attributable to Roth Deferral Contributions (described below), Roth Deferral Contributions are subject to the same rules applicable to pre-tax Deferral Contributions.

• The Plan permits you to make both pre-tax and certain after-tax (Roth) Deferral Contribution amounts.

• Deferral Contributions made automatically for you are treated the same under the Plan as Deferral Contributions made by your own election.You will be eligible to designate some or all of your Deferral Contribution as a Roth Deferral Contribution at the time you make your deferral election.

• As described below, if you do not elect a Deferral Contribution rate, you may be automatically enrolled to make Deferral Contributions.

More Definitions of Deferral Contribution

Deferral Contribution means the amount of a Participant’s Compensation that he elects to have contributed to the Plan by the Participating Employers rather than paid to him directly in cash.

Deferral Contribution means a hypothetical contribution credited to a Participant’s Account as the result of the Participant’s election to reduce his Compensation in exchange for such credit, as described in Section 4.01.

Deferral Contribution means the amount allocated to a Participant’s Account for any Plan Year pursuant to Section 4.1 hereof.

Deferral Contribution means the aggregate amount of Base Annual Salary or Bonus deferred by a Participant during a given Plan Year in accordance with the terms of the Plan and the Participant's Election Form and "credited" to the Participant's Deferral Contribution Account. Deferral Contributions shall be deemed to be made to the Plan by the Participant on the date the Participant would have received such compensation had it not been deferred pursuant to the Plan.

Deferral Contribution means the elective deferral contribution credited to a Participant's Account under the Plan by the Company.

Deferral Contribution means the portion of a Participant’s Compensation, if any, that he or she elects to defer on a pre-tax basis under this Plan in accordance with Section 3.3.

Deferral Contribution means the cumulative amount the Participating Company contributes to the Trust each Plan Year on behalf of a Participant equal to the amount by which a Participant elected to reduce his Compensation for such Plan Year pursuant to Paragraph A of Section Seven.