Sentences with phrase «covered by the contributions»

The court decided the bonus amount was not covered by the contribution amount, and indicated a pension plan must be interpreted according to its main purpose which is to provide a pension funded on actuarial assumptions fair to all employee beneficiaries under the plan.

Not exact matches

Contributions to a traditional IRA can be tax - deductible, although the benefit can be limited if you are covered by a retirement plan through another job.

Pre-tax contributions to a traditional IRA may be tax - deductible, depending on your income, filing status and whether you are covered by a retirement plan at work.

However, a traditional IRA contribution may not be fully tax deductible if you and / or your spouse are covered by a workplace plan.1 You can contribute to a Roth IRA, even if you have contributed to your workplace plan, as long as you meet the income eligibility requirements.3

But here's the rule: If you are covered by and contribute to an employer - sponsored retirement plan, like a 401 (k) for any portion of a tax year, you must test your income to determine if IRA contributions can be deducted.

We maintain a defined contribution 401 (k) plan covering all eligible employees, who may contribute up to 100 % of their compensation, subject to limitations established by the Internal Revenue Code.

We have a defined contribution 401 (k) plan covering all teammates, which is a tax - qualified defined contribution plan that allows tax - deferred savings by eligible employees to provide funds for their retirement.

In addition, full deductibility of a contribution is available for working or nonworking spouses who are not covered by an employer - sponsored plan and whose MAGI is less than $ 186,000 for 2017, with partial deductibility for MAGI up to $ 196,000.

If you are covered by a retirement plan, your income will dictate whether or not your contribution is deductible.

If you / your spouse are covered by a plan, you can still contribute up to the limit, allowing your contributions to grow tax free, but your tax deduction could be limited or not permitted.

You can take the full deduction for your contribution, unless you or your spouse is covered by a retirement plan at work.

If you or your spouse is covered by a retirement plan at work, you can deduct your contributions based on the income guidelines in the chart below.

If you or your spouse is covered by a retirement plan at work (such as a 401k or 403b) and you make a significant amount of money, you may not be able to deduct your traditional IRA contributions from your current year's taxes.

If you're not covered by a retirement plan at work, you can deduct the entire amount of your IRA contribution (up to $ 5,500 annually, or $ 6,500 if you're 50 or older) on your income tax return.

However, your contributions and whether you are covered by a 401 (k) may limit the tax deduction you can take for contributions to a Traditional IRA.

If you're also covered by an employer retirement plan, however, your ability to deduct your contribution begins to phase out at a certain income level.

If you (or your spouse, if applicable) are covered by an employer retirement plan, you can still make contributions to a traditional IRA, but depending on your income, they may qualify as partially tax - deductible or totally non-tax-deductible IRA contributions.

If you (and your spouse, if applicable) aren't covered by an employer retirement plan, your traditional IRA contributions are fully tax - deductible.

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Operations: Your contribution will be applied to on - going operations that fall beyond what is covered by tuition.

The report makes some controversial proposals to a system known as the «Cadillac» of Medicaid programs (because it covers so much), including changing the way reimbursement rates are set, a complete state takeover of the responsibilities now borne by the counties, reform of the medical malpractice system and a push for a higher federal contribution.

The fiscally troubled state Olympic Regional Development Authority relies on loans and outside contributions to cover its expenses, including payroll, an audit by the state comptroller's office found.

They are not covered by the Pension Protection Fund, as it only came into force in May 2005, and are facing a lean retirement despite making up to 30 years of contributions.

The original Tier 6 bill itself contained a clause allowing any public employee union, including those representing court officers, to petition the governor for a restoration of early retirement at age 57, but only on the condition that the added cost would be covered by added employee contributions.

ALBANY, NY (12/28/2011)(readMedia)-- A coalition of CSEA, PEF, UUP, NYSCOPBA, NYSTPBA, NYSPIA, and AFSCME Council 82, unions representing virtually all of New York State employees have filed lawsuits in federal court challenging the Cuomo Administration's unilateral increase in the percentage of health insurance contributions required of state retirees.The legal challenge applies to changes made by the administration this fall and covers state employees who have retired and seen their share of health insurance premium increase beyond the level at which they retired.

Although that figure seems just barely within the state's 2 percent tax cap, the rate includes mandated payments including contributions to the state employee retirement system that are not covered by the 2 percent cap.

State - level candidates and the dozen party committees controlled by Democrats or Republicans reported receiving $ 23.7 million in contributions and housekeeping donations, according to reports submitted in July to the New York State Board of Elections, which generally cover transactions between Jan. 12 and July 11.

The second - largest contribution comes from the warping of space - time around the Sun because of the star's own gravity, which is covered by Einstein's theory of general relativity.

The state's contribution to CANU, which also partly covers the cost of the academy's international collaborations, was raised by $ 300,000 to $ 1.4 million last year, according to the ministry.

* Contains practical, hands - on information for tissue engineers and students * Provides comprehensive protocols covering numerous topics, including polymer synthesis, cell culture, encapsulation, bioreactors, therapeutics, and the creation of tissues and organs * Includes contributions by leaders in the latest areas of research, such as stem cells and fetal tissue engineering

PBE is jointly organized by FESBP and EPSO, as a result of a merger between the previous individual EPSO and FESPB conferences.With a multidisciplinary approach to plant science in a global context, the conference aims to collect speakers and presentations that cover wide ranging scientific and policy related themes within plant science, thereby showcasing state - of - the - art scientific developments and contributions to policy shaping towards plants science at the European and national levels.Plant Biology Europe is the biggest of its kind in Europe.

His contribution to The Artist has been covered by just about everybody on the net by now so there is little need for us to delve any further.

While the overall employer contribution rate for public school teachers is higher than for private - sector professionals, the group average may mask differences between teachers who are and are not covered by Social Security.

Thus, as Figure 2 shows, comparing teachers with professionals in private - sector employment, total employer contributions are higher for teachers whether or not they are also covered by Social Security.

However, we are able to make such an adjustment by multiplying the share of teachers covered by Social Security, which the BLS estimates to be 73 percent, times the employer contribution rate (6.2 percent).

Most teachers are not covered by the federal Social Security system, so legally required contributions by their employers are somewhat smaller for teachers, but overall, benefits total 20.2 percent of payroll for teachers and 17.0 percent for private - sector managers and professionals.

Training for TA to be delivered by school areas cover The role of the TA Supporting children Supporting learning Making an effective contribution OFSTED outstanding practice

Click to read part 2 of this article Topics covered: — Recruiting Volunteers — Volunteer Handbooks — Getting Every Parent to Give 3 Hours — Many Schools Provide Volunteer Training — Volunteers Aren't Always Easy to Come By — Recognizing the Contributions of Volunteers — One School's «Volunteer Hall Of Fame» — A Software Tool for Tracking Volunteers» Efforts — more

A study conducted by the Urban Institute found that in half of all plans covering public school teachers, teachers must wait at least 24 years before their pension is finally worth more than their own contributions.

The analysis by the district finds that school districts around the state would bear the biggest burden of covering the shortfall, contributing $ 47 billion, or 63 percent of the total, through increased contributions over 32 years.

While GoodEReader has written extensively for indie authors on the important contributions that outside professionals can make towards developing the best possible book or ebook by offering services such as cover design, formatting, and extensive editing, the need for advice doesn't stop once the book is created.

In addition, full deductibility of a contribution is available for working or nonworking spouses who are not covered by an employer - sponsored plan whose MAGI is less than $ 186,000 for 2017; partial deductibility for MAGI up to $ 196,000.

Also if you are unable to deduct your contributions to your Traditional IRA due to your income being too high and being covered by an employer - sponsored plan then you may want to consider a Roth IRA (if you meet the income limits).

You are able to deduct your entire contribution if you don't have an employer - sponsored plan but if you are covered by an employer - sponsored plan then you may only be able to deduct your contributions depending on your income.

On April 6, the minimum contribution rate for workers automatically enrolled in qualified workplace pension plans under the auto - enrollment (AE) program increased from 2 percent (split equally among employers and employees) to 5 percent of covered earnings (2 percent is paid by employers and 3 percent by employees).

You can make this contribution even if you are covered by, say, a 401 (k) at another job.

If you're married filing jointly and covered by a retirement plan at work, then you can take a tax deduction on your traditional IRA contribution, as long as your adjusted income is below $ 99,000.

If you are covered by a retirement plan at work (e.g., a 401k or pension) and your income exceeds certain limits, you can't take a deduction for a traditional IRA contribution, so a Roth IRA is the obvious choice.

Recently, fellow Motley Fool Matthew Frankel did a great job at explaining adjusted income limits for IRA's here, but in short, if you're single and you are covered by a retirement plan at work, you can take the full deduction on a traditional IRA contribution if your adjusted income is below $ 62,000 in 2017.

In order to qualify for a tax deduction on a traditional IRA contribution, your modified adjusted gross income has to be below set limits if you, or your spouse, are covered by a retirement plan at work.