Tax Deferred Plan definition

Tax Deferred Plan means a trust governed by a registered retirement savings plan, registered retirement income fund, deferred profit sharing plan or registered education savings plan under the Tax Act;
Sample 1
Tax Deferred Plan means a trust governed by a registered retirement savings plan ("RRSP"), registered retirement income fund ("RRIF"), deferred profit sharing plan, registered disability savings plan ("RDSP"), registered education savings plan ("RESP"), tax-free savings account ("TFSA") or first home savings account ("FHSA") all within the meaning of the Tax Act.
Sample 1

Examples of Tax Deferred Plan in a sentence

  • In fact, Unsub only includes one visualization: a high-level summary at the overall package level (Figure 1).

  • All Bargaining Unit Faculty members are eligible to participate in the Teachers Insurance Annuity Association/College Retirement Equities Fund (TIAA/CREF) Tax Deferred Plan consistent with the terms of the plan.

  • Members may elect to have their Termination of Service Bonus paid as a lump sum, deposited into an annuity, or deposited into a Tax Deferred Plan (TDP).

  • Pay excluded from Employer retirement contributions: • Retirement incentives • Excellence awards • Payback • Leave payoff at retirement/termination • Supplemental pay (paid for MPSERS) • Special assignment pay (paid for MPSERS) • On-campus employees also teaching Global Campus course (paid for MPSERS) • Subsistence Voluntary Tax Deferred Plan Employees are strongly encouraged to contribute to a supplemental retirement account (“SRA”) to the extent allowed by law.

  • Contributions shall be made to a Service Purchase Tax Deferred Plan or plans (the “Plan”) established for the benefit of the Superintendent under Sections 403(b), 457(b), and 401(a) of the Code.

  • Any applicable University and employee contributions to the University of California Retirement System plans, including the University of California Retirement Plan (UCRP), the Defined Contribution Plan (DC Plan), , the Tax- Deferred Plan (403(b) Plan), and the 457(b) Deferred Compensation Plan (457(b) Plan) will continue for eligible employees in accordance with the plan provisions while a paycheck is received and will stop with the employee’s last paycheck.

  • This service credit shall be deposited in the teacher's account with a School District's Qualified Tax Deferred Plan as soon as administratively possible after the last day the teacher receives pay before they retire.

  • Any applicable University and employee contributions to the University of California Retirement System plans, including the University of California Retirement Plan (UCRP), the Defined Contribution Plan (DC Plan), the Tax- Deferred Plan (403(b) Plan), and the 457(b) Deferred Compensation Plan (457(b) Plan) will continue for eligible employees in accordance with the plan provisions while a paycheck is received and will stop with the employee’s last paycheck.

  • Introduction, and Scope, and Purpose This Investment Policy Statement (“Policy” or “IPS”) provides the framework for the management of the investments of the University of California Retirement Savings Program (“UCRSP” or the “Program”), which includes the Defined Contribution (DC) Plan, the 403(b) Tax Deferred Plan, and the 457(b) Deferred Compensation Plan, (collectively “the Plans”).

  • Holders who intend to hold Shares or Warrants in a Tax Deferred Plan should consult their own tax advisors regarding whether such securities are a “qualified investment” at the relevant time for such Tax Deferred Plan.


More Definitions of Tax Deferred Plan

Tax Deferred Plan means any Internal Revenue Service (“IRS”) approved arrangement by which the Investor may lawfully defer or not pay federal income taxes on the earnings of an investment. Examples include IRAs and any other IRS-qualified savings plan that allows individual participants to select their own investment vehicle.
Sample 1

Related to Tax Deferred Plan

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.

  • Elective Deferrals are all Salary Reduction Contributions and that portion of any Cash or Deferred Contribution which the Employer contributes to the Trust at the election of an Eligible Employee. Any portion of a Cash or Deferred Contribution contributed to the Trust because of the Employee's failure to make a cash election is an elective deferral. However, any portion of a Cash or Deferred Contribution over which the Employee does not have a cash election is not an elective deferral. Elective deferrals do not include amounts which have become currently available to the Employee prior to the election nor amounts designated as nondeductible contributions at the time of deferral or contribution.

  • Plan Year means the calendar year.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.