Income Contribution definition

Income Contribution. If the Grantor intends to use this trust to reduce the Trust Beneficiary’s income for purposes of qualifying for one or more Medicaid program, please provide the gross monthly income from all sources of income: Sources of income: $ 🞎 Lump Sum Contribution: Amount: $ Date: Source: �� Structured Settlement (Please provide a copy of the Settlement Agreement or Court Order): Commencement Date of Suit: Settlement Date of Suit: Settlement Amount: $ Settlement Terms: Annuitant: Lump Sum Payment: $ Periodic Payments: ⬜ Monthly ⬜ Quarterly ⬜ Annually Amount: $ Name of Insurance Company: Address:
Income Contribution. If the Grantor intends to use this trust to reduce the beneficiary’s income for purposes of qualifying for one or more Medicaid program, please provide the gross monthly income from all sources of income: Sources of income: $ (Gross Amounts) $ $ $  Lump Sum Contribution:  Structured Settlement (Please provide a copy of the Settlement Agreement or Court Order): Commencement Date of Suit: Settlement Date of Suit: Settlement Amount: $ Settlement Terms: Annuitant: Lump Sum Payment: $ Periodic Payments:  Xxxxxxx  Xxxxxxxxx  Xxxxxxxx Xxxxxx: $ Name of Insurance Company: Address:
Income Contribution. If the Grantor intends to use this trust to reduce the beneficiary’s income for purposes of qualifying for one or more Medicaid program, please provide the gross monthly income from all sources of income: Sources of income: $ (Gross Amounts) $ $ $  Lump Sum Contribution: Amount: $ Date: Source:  Structured Settlement (Please provide a copy of the Settlement Agreement or Court Order): Commencement Date of Suit: Settlement Date of Suit: Settlement Amount: $ Settlement Terms: Annuitant: Lump Sum Payment: $ Periodic Payments:  Xxxxxxx  Xxxxxxxxx  Xxxxxxxx Xxxxxx: $ Name of Insurance Company: Address:

Examples of Income Contribution in a sentence

  • All Participating Employer Contributions, Discretionary Contributions, Restricted Discretionary Contributions, and Employer Retirement Income Contribution, and any investment earnings attributable thereto held in a Participant’s account are nonforfeitable and not subject to divestment.

  • Employees will become members of the Federal Income Contribution Act (Social Security System) and the applicable Department of Retirement System plan (PERS/SERS/TRS), as required by law.This handbook is intended to be a living document that is periodically revised to reflect changes that occur in the work environment, the availability of qualified employees, and organizational needs.

  • This Appendix B covers non-officer employees of the Company, Johnson Controls Interiors, LLC (on and after January 1, 2006) and York International Corporation who participate in the Savings Plan, and whose Retirement Income Contribution under such plan is limited by reason of the application of Code Section 401(a)(17).

  • For U.S. salaried employees, ParentCo makes an Employer Retirement Income Contribution (ERIC) in an amount equal to 3% of salary and annual incentive eligible for contribution to the ParentCo Retirement Savings Plan.

  • Effective January 1, 2011, all Participating Employer Contributions, Discretionary Contributions, Restricted Discretionary Contributions, and Employer Retirement Income Contribution, and any investment earnings attributable thereto held in a Participant’s account are nonforfeitable and not subject to divestment.

  • As of the dates indicated in Schedule B, Eligible Employees with an Employment Commencement Date or Reemployment Commencement Date employed on December 31, 2006 at a Company and Location, and part of a bargaining unit as designated in Schedule B, will receive an Employer Retirement Income Contribution in the amount of three percent of applicable Eligible Compensation for the Plan Year.

  • This Appendix B covers Participants whom the Committee has selected to be covered hereunder and whose Retirement Income Contribution under the Savings Plan is limited by reason of the application of Code Section 401(a)(17).

  • Applicants reporting zero (0) income will be asked to complete the Monthly Family Expense and Income Contribution forms to document how much they spend on: food, transportation, healthcare, childcare, debts, household items, etc., and what the source of income is for these expenses.

  • Pro Forma Combined (Adj.) ($1,924MM) (Op Income Margin = 4.9%) Beef 23% Pork 22% Chicken 56% Prepared 5% International (6%) Beef 19% Pork 19% Chicken 47% Prepared 20% International (5%) LTM 3/29/14 Operating Income Contribution Tyson ($1,608MM) (Op Income Margin = 4.5%) 13 WOULD PROVIDE SIGNIFICANT LIFT TO PREPARED FOODS’ SEGMENT MARGINS LTM 3/29/14 Prepared Foods Segment Operating Income Margin Analysis 3.1% improvement Note: Excludes intersegment sales of $1.2Bn for segment contribution breakdown.

  • Though the state took control of these unique bay lakes in 1929, land acquisition around most of them did not take place until much later.


More Definitions of Income Contribution

Income Contribution. If the Grantor intends to use this trust to reduce the Trust Beneficiary’s income for purposes of qualifying for one or more Medicaid program, please provide the gross monthly income from all sources of income: Sources of income: $ (Gross Amounts) $ $ $ □ Lump Sum Contribution: Amount: $ Date: Source: □ Structured Settlement (Please provide a copy of the Settlement Agreement or Court Order): Commencement Date of Suit: Settlement Date of Suit: Settlement Amount: $ Settlement Terms: Annuitant: Lump Sum Payment: $ Periodic Payments: # Monthly # Quarterly # Annually Amount: $ Name of Insurance Company: Address:

Related to Income Contribution

  • 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:

  • 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.

  • Elective Contributions are amounts excludible from the Employee's gross income under Code Sections 125, 402(a)(8), 402(h) or 403(b), and contributed by the Employer, at the Employee's election, to a Code Section 401(k) arrangement, a Simplified Employee Pension, cafeteria plan or tax-sheltered annuity. The term "Compensation" does not include:

  • Elective Contribution means the Employer's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Accumulated contributions means the sum of all

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

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • Employer Contributions means the amount transferred by an employer to a funding account or a health reimbursement account.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.

  • Nonelective Contribution means an amount contributed by a participating

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Member contributions means all amounts paid to ASRS by a member.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.