Sentences with phrase «salary contributions»
The term "salary contribution" refers to a portion of an employee's salary that is paid by their employer towards certain benefits, such as pension or insurance plans. Full definition
They give every employee the same percentage of salary contribution.
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Requests for salary contributions for team members must be in accordance with the SFI Grant Budget Policy.
The SIMPLE IRA encourages your employees to save for retirement through pre-tax salary contributions and allows you flexibility in how employer contributions can be made.
Our mission is to achieve Early Retirement by maximising salary contributions, minimising fees, minimising taxes, maximising return through tactical allocations and minimising investing mistakes.
To arrive at your AGI, you deduct from your pretax salary any contributions to a traditional 401 (k) and / or traditional IRA.
Many people are in a lower tax bracket after retirement, so making salary contributions to a tax - deferred account can help lower their current tax liability while enabling them to pay a lower tax rate after retirement.
Medical insurance premium — You can't deduct pre-tax salary contributions you make to an employer - sponsored health insurance plan.
Where the applicant is already in receipt of a full salary (e.g. they are a permanent member of staff), no salary contribution may be requested.
The remainder of the salary must be paid by the host institution and in this situation, the total value of the research award will be up to a maximum of $ 1,000,000, exclusive of the Research Body's salary contribution and start - up costs.
The scheme provides a salary contribution based on the SFI Research Fellow scale (Level 3), and institutional overheads, at 30 % of the value of the award (less equipment).
The Employees» Provident Fund Organisation diverts 8.33 % of the 12 % salary contribution that the employers have made for their employees» EPF into the employees» EPS accounts.