Salary Deferrals definition

Salary Deferrals means amounts credited to a Participant’s Account corresponding to Salary reductions elected pursuant to Section 3.2.
Salary Deferrals means the amounts credited to a Member’s Account under Section 5.03.
Salary Deferrals means the amount of Salary a Member has elected to defer for a Plan Year beginning prior to January 1, 2012 pursuant to a Salary Reduction Agreement in accordance with the provisions of Section 3.01(a).

Examples of Salary Deferrals in a sentence

  • The IRS deferral limit applies to all Salary Deferrals you make in a given calendar year to this Plan or any other cash or deferred arrangement (including a cash or deferred arrangement maintained by an unrelated employer).

  • The IRS imposes limits on the amount you can contribute as Salary Deferrals during a calendar year.

  • If you make Salary Deferrals for a given year in excess of the deferral limit described above because you made Salary Deferrals under this Plan and a plan of an unrelated employer not maintaining this Plan, you must ask one of the plans to refund the excess amount to you.

  • For this purpose, a Participant who has made Salary Deferrals under the Plan will be treated as having a vested interest in the Plan.

  • The Employer will deposit any amounts withheld from a Participant’s Plan Compensation as Salary Deferrals into the Participant’s Salary Deferral Account under the Plan.


More Definitions of Salary Deferrals

Salary Deferrals means amounts paid to the Plan by the Company on a Member’s behalf pursuant to Section 4.1.
Salary Deferrals means the amount of contributions credited to a Member's Account under Section 3.01, with respect to his Compensation.
Salary Deferrals means the amount of the Participant’s Compensation (other than Incentive Compensation) that the Participant has elected to defer to the Plan for the applicable Plan year
Salary Deferrals means amounts that a Participant elects to defer by payroll withholding from current Earnings under a Participation Agreement, which amounts are contributed to the Plan by the Company and allocated to such Participant’s Salary Deferral Contribution Account as described in Section 3.01.
Salary Deferrals means the percentage or whole dollar amount of a Participant's annual Compensation which the Participant has elected pursuant to his or her Participation Agreement to defer to this Plan.
Salary Deferrals means amounts contributed to the Intel Corporation 401(k) Savings Plan on behalf of a Participant pursuant to Section 3(a) of such plan.
Salary Deferrals means the portion of a Participant’s Compensation (other than Roth 401(k) Contributions) that is reduced in accordance with Sections 4.01(a) and 4.01(b) and with respect to which a corresponding contribution is made to the Plan by the Employer pursuant to Section 4.01(d).