Examples of Pretax Account in a sentence
This is where the distinction between unintentional and intentional actions is drawn: unintentional actions should lead to an equal distribution of abnormal positive and negative accruals, while intentional actions should lead to more abnormally positive accruals and fewer abnormally negative accruals (Ashbaugh-Skaife et.
A Participant may file with the Plan Administrator a written request to withdraw, in order to avoid or alleviate a Financial Hardship, any amount not to exceed that portion of his Employee Pre-tax Account which represents his total Employee Pre-tax Contributions.
The Participation Certificate shall be deemed to have been amended to include the additional advance amount.
Pre-Tax/Safe Harbor Account - Employees who are not in a UC-sponsored defined benefit retirement plan make mandatory contributions of 7.5% of earnings up to the Social Security wage base to the Pretax Account in lieu of paying the Old Age, Survivors and Disability Insurance portion of Social Security taxes (Safe Harbor contributions).
Accounts means a Participant’s Pre-tax Account, After-tax Account, Rollover Account and Company Contribution Account.
A Participant’s interest in his or her Pretax Account, Roth Account, After‑Tax Account, Rollover Account, Roth Rollover Account and In-Plan Roth Rollover Account shall be fully vested at all times.
Employees who are not in a UC -sponsored defined benefit retirement plan make mandatory contributions of 7.5% of earnings up to the Social Security wage base to the Pretax Account in lieu of paying the Old Age, Survivors and Disability Insurance portion of Social Security taxes (Safe Harbor contributions).
As of any given date for which determination of the value of an Account is required, such value shall equal the sum of the value of Pretax Account, Roth Account, Matching Account, After‑Tax Account, Rollover Account, Roth Rollover Account and In-Plan Roth Rollover Account as of the preceding Accounting Date plus any additional contributions withheld or paid and less the amount of any withdrawals from such Account after the Accounting Date and prior to the date of determination.
Pre-tax Account and/or [Select one or both, if desired]: Employer Thrift Account Paragraphs 9.2, 9.6 [ ] (1) Non-hardship.
A Hurricane Harvey hardship withdrawal under this Section 7.9 will be made from the Participant’s Pretax Account and Roth Account, excluding the portion attributable to any income or pledged as security for a loan, and in all cases not in excess of the amount of the financial hardship.