Examples of Roth Contributions in a sentence
Please consult with your tax advisor before making any Roth Contributions to the Plan.
Please note however, that the income on the Roth Contributions may be taxable (and subject to penalties for early withdrawal) if the withdrawal is not a "qualified distribution." Immediate and Heavy Financial Need.
If you are rolling over Roth Contributions and you are under age 59½ or if your first Roth contribution was made less than 5 years ago, this will be considered a non-qualified distribution and the earnings attributable to your Roth Contributions will be taxed (unless an exception applies).
Whether, however, the Crown is capable of doing so, in whole or in part, depends on whether the agency’s statutory duties and powers enable it to do what the duty requires in the particular circumstances (Carrier Sekani, at paras.
Your Roth Contributions may be withdrawn in the same manner as your normal Elective Deferral Contributions.