ELECTIVE DEFERRAL CONTRIBUTIONS. This refers to the aggregate of amounts a Participant or the Contract Holder, acting on the Participant's behalf, contributes to an elective deferral plan under any salary reduction agreement that conforms to Section 402(g) of the Code ("Pre-tax Contributions") and, if permitted under the Plan and accepted by Us, after-tax contributions that satisfy the requirements of Section 402A of the Code ("403(b) R▇▇▇ Contributions"). To qualify as 403(b) R▇▇▇ Contributions, such amounts must:
Appears in 2 contracts
Sources: Group Deferred 403(b) Annuity Contract (Riversource Variable Account 10), Group Deferred 403(b) Annuity Contract (Riversource Variable Account 10)