Matched Contribution definition

Matched Contribution means the portion, if any, of the Before-Tax Contribution and/or After-Tax Contribution which is matched by the Employer. For purposes of determining Matched Contributions, Before-Tax Contributions shall not include those contributions that a Participant elects to contribute pursuant to a Catch-Up Contribution Election, Before-Tax Contributions that are recharacterized as Catch-Up Contributions pursuant to Section 6.3(d), or Catch-Up Contributions that are recharacterized as Before-Tax Contributions.
View Source
Matched Contribution means the portion, if any, of the Before-Tax Contribution and/or After-Tax Contribution which is matched by the Employer. For purposes of determining Matched Contributions, Before-Tax Contributions shall not include those
View Source
Matched Contribution means a donation made by an Employer which corresponds with or matches a Donation made by a Donor.
View Source

Examples of Matched Contribution in a sentence

  • If after making the above reduction the limitations are still exceeded, the Company Matched Contribution Percentages of the Highly Compensated Participants shall be further reduced in one tenth of one percent (0.1%) increments until the limitations are not exceeded.

  • The Participant's interest in his Employee Pre-Tax Matched Contribution Account, Employee Pre-Tax Unmatched Contribution Account, Company Discretionary Contribution Account, Participant After-Tax Contribution Account, Pre-1989 Employer Matching Contribution Account, and Rollover/Transfer Account shall be fully vested at all times.

  • For Plan Years beginning on or after January 1, 1989, each Participant who is making the maximum Pre-Tax Matched Contribution permissible under Section 3.2 may elect to make Pre-Tax Unmatched Contributions in any whole percentage of his Annual Compensation up to a maximum of 6% (prior to February 1, 1994, the maximum was 4%), while he is eligible to make such contributions in accordance with the provisions of this Plan.

  • Year Year Year Company Matched Contribution Maximum an I Company will match for each contributed by an employee (or portions to the maximum shown in above table.


More Definitions of Matched Contribution

Matched Contribution means an amount deferred by a Participant as a Pre-Tax Matched Contribution and/or an After-Tax Matched Contribution under the Savings Plan.
View Source