Sentences with phrase «allocating plan contributions»

Not exact matches

Under these regulations, employer contributions to a plan would be able to qualify as QMACs or QNECs if they satisfy applicable nonforfeitability and distribution requirements at the time they are allocated to participants» accounts, but need not meet these requirements when they are contributed to the plan.

In addition, our company allocates to each participant's Deferred Compensation Matching Plan account a matching contribution of up to 6 % of the amount by which the participant's base salary and cash incentive payment exceed the then - applicable limitation in Section 401 (a)(17) of the Internal Revenue Code.

Any employer contributions must be allocated to participant accounts pursuant to a formula in the plan document.

Districts should project each school's yearly private contributions based on PTA revenue and subtract that amount from the amount the district plans to allocate to each school.

Federal employees and military members will be able to allocate their contributions between a Roth and the traditional plan shortly.

Employer contributions can also be allocated to this feature (if offered under the plan).

Generally, you are considered an active participant in an employer's retirement plan if, for the given year, your account balance (in your employer's retirement plan) has received any contributions or has had any forfeitures allocated to it.

If you have a family plan with two or more beneficiaries, you need to allocate each contribution between the beneficiaries.