Phrases with «contribution cap»

A contribution cap refers to the maximum amount of money that an individual or entity is allowed to contribute or invest towards a particular cause, organization, or financial vehicle. It sets a limit on the total sum that can be contributed to ensure fairness, prevent excessive influence, or maintain financial stability. Full definition

Sentences with «contribution cap»

  • The contribution can be up to $ 300,000 per person and is in addition to any other voluntary contributions you make under existing contribution caps. (moneysmart.gov.au)
  • Finally, nothing is mentioned about the withdrawal affecting your yearly contribution cap. (money.stackexchange.com)
  • If your contribution could be accepted, the amount will count towards the relevant contribution cap. (ato.gov.au)
  • (see all sentences)
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