Pre-Tax Deferrals definition

Pre-Tax Deferrals means the contributions made by the Employer on behalf of the Participant on a Pre-Tax basis as elected by the Participant pursuant to Plan section 4.1.
Pre-Tax Deferrals means an Employee’s Deferrals that are not includible in the Employee’s gross income (for purposes of federal income tax) when deferred and that the Employee has irrevocably designated as Pre-tax Deferrals in his or her Employee Salary Reduction Agreement. An Employee’s Pre-tax Deferrals will be separately accounted for along with any adjustments attributable to the Pre-tax Deferrals, as specified in Section
Pre-Tax Deferrals means deferrals made pursuant to the Participant’s Participation Agreement that (a) the Participant irrevocably designates at the time of the deferral election as pre-tax deferrals that are being made from Compensation on a pre-tax basis and (b) the Employer excludes from the Participant’s gross income in the year deferred.

Examples of Pre-Tax Deferrals in a sentence

  • Any Matching Contributions apply to Pre-Tax Deferrals and to ▇▇▇▇ Deferrals unless described otherwise in Election 24(g).

  • The Employer elects to treat Automatic Deferrals as ▇▇▇▇ Deferrals in lieu of treating Automatic Deferrals as Pre-Tax Deferrals.

  • The Employer must also elect to permit Pre-Tax Deferrals if the Employer elects to permit ▇▇▇▇ Deferrals.

  • The following Employees are Excluded Employees (either as to all Contribution Types or to the designated Contribution Type) (Choose one or more of (1) through (7) as applicable): [Note: For this Election 8, unless described otherwise in Election 8(b)(7), Elective Deferrals includes Pre-Tax Deferrals, ▇▇▇▇ Deferrals, Employee Contributions and Safe Harbor Contributions.

  • If the Plan permits ▇▇▇▇ Deferrals in addition to Pre-Tax Deferrals, Elective Deferrals for purposes of Section 3.05 includes both ▇▇▇▇ Deferrals and Pre-Tax Deferrals.

  • The Plan Administrator will establish a Pre-Tax Account and Earnings thereon for each Participant who makes any Pre-Tax Deferrals in accordance with Section 7.04(A)(1).

  • Percentage of contributions as Pre-Tax Deferrals: % Percentage of contributions as After-Tax ▇▇▇▇ Deferrals: % 🞎 Check this box if the amount authorized in Section B includes Age 50 Catch-up amounts.

  • The following Employees are Excluded Employees for the designated Contribution Type (select one or more of (d) through (l); select Contribution Type as applicable (may only be selected with 401(k) plans)): [Note for 401(k) plans: For this Election 8, unless described otherwise in Election 8(l), Elective Deferrals includes Pre-Tax Deferrals, ▇▇▇▇ Deferrals, Employee Contributions and Safe Harbor Contributions.

  • Choose (f) if applicable.): [Note: Unless described otherwise in Election 8(e), Elective Deferrals includes Pre-Tax Deferrals and ▇▇▇▇ Deferrals; Matching includes all Matching Contributions; Nonelective includes all Nonelective Contributions; Employee/Mandatory includes Mandatory Employee Contributions and Employee (after-tax) Contributions.

  • Choose (f) if applicable.): [Note: Unless described otherwise in Election 8(e), Elective Deferrals includes Pre-Tax Deferrals and ▇▇▇▇ Deferrals; Matching includes all Matching Contributions; Nonelective includes all Nonelective Contributions other than Operational QNECs; Employee/Mandatory includes Employee (after-tax) Contributions and Mandatory Employee Contributions.


More Definitions of Pre-Tax Deferrals

Pre-Tax Deferrals mean Annual Deferrals that are intended to qualify as pre-tax contributions pursuant to Code Section 457(a).