LIMITATIONS ON CONTRIBUTIONS definition

LIMITATIONS ON CONTRIBUTIONS. Notwithstanding any other provisions of this Plan, all contributions for the Plan Years commencing after December 31, 1986, shall be subject to the following limitations:
Sample 1
LIMITATIONS ON CONTRIBUTIONS. The Administrator shall have the responsibility for monitoring the Fremont Plan's compliance with the limitations of Section 401(a) of the Code. The Administrator shall maintain such records as are necessary to demonstrate the Fremont Plan's compliance with Section 401(a) of the Code, and shall have discretionary power to take any and all steps it deems necessary or appropriate to ensure such compliance, including but not limited to, restricting the amount of Salary Reduction Contributions by any Fremont Plan Participant.
Sample 1

Examples of LIMITATIONS ON CONTRIBUTIONS in a sentence

  • LIMITATIONS ON CONTRIBUTIONS Limitation on Employee Salary Deferrals.

  • LIMITATIONS ON CONTRIBUTIONS AND ALLOCATIONS..............................................................14 6.1. Ordering Rule..................................................................................14 6.2. Code ss.

  • SCHEDULE IV LIMITATIONS ON CONTRIBUTIONS AND ALLOCATIONS Section IV.01.

  • TO THE EXTENT THAT THE PARTICIPANT'S ACCRUED BENEFIT PAYABLE UNDER THE RETIREMENT PLAN IS INCREASED AT ANY TIME DUE TO INCREASES IN LIMITATIONS ON CONTRIBUTIONS AND BENEFITS IMPOSED BY SECTION 415 OF THE CODE OR TO INCREASES IN THE LIMITATION ON COMPENSATION IMPOSED BY SECTION 401(A)(17) OF THE CODE, WHETHER BY STATUTE, REGULATIONS, ACTION OF THE SECRETARY OF THE TREASURY OR HIS DELEGATE OR OTHERWISE, THE PARTICIPANT'S EXCESS RETIREMENT BENEFIT SHALL BE REDUCED CORRESPONDINGLY.

  • A-1 APPENDIX A LIMITATIONS ON CONTRIBUTIONS...................................................................

  • LIMITATIONS ON CONTRIBUTIONS.........................................................

  • LIMITATIONS ON CONTRIBUTIONS AND BENEFITS ............................................................

  • For purposes of this paragraph 7., the term "compensation" means the Participant's wages, salaries, fees for professional services, and other amounts received for personal services actually rendered in the course of employment with the Company (including, but not limited to, - 32 - Thrift Plan 01/01/99 TP-DOC-99 38 ARTICLE VIII - LIMITATIONS ON CONTRIBUTIONS AND ANNUAL ADDITIONS PARAGRAPH 7.

  • LIMITATIONS ON CONTRIBUTIONS (a) In no event shall any Employer make Deferred Compensation Contributions for any calendar year, with respect to any Participant, in excess of $10,000 (as adjusted by the Secretary of the Treasury to reflect increases in the cost of living).

  • CODE SECTION 402(g), 401(k) AND 401(m) LIMITATIONS ON CONTRIBUTIONS; CORRECTIVE DISTRIBUTIONS.

Related to LIMITATIONS ON CONTRIBUTIONS

  • Other Contributions means financial or in-kind contributions other than the Grant as set out below: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

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

  • 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.

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

  • 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.

  • 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.

  • Employer Contributions means all amounts paid into ASRS by an

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

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

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

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Regular contributions means the amounts required to be

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • 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.

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

  • After-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • 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.

  • Allocations means any and all of the allocations described in Sections 1.3(a), 1.3(b), 1.3(c) and 1.3(d) hereof.