Common use of Salary Reduction Contributions Clause in Contracts

Salary Reduction Contributions. The amount by which an employee agrees to reduce his or her compensation will be contributed by the Employer to the employee's SIMPLE IRA.

Appears in 4 contracts

Sources: Individual Retirement Custodial Account Agreement (Fmi Funds Inc), Individual Retirement Custodial Account Agreement (Hennessy Funds Inc), Individual Retirement Custodial Account Agreement (Fiduciary Capital Growth Fund Inc)

Salary Reduction Contributions. The amount by which an the employee agrees to reduce his or her compensation will be contributed by the Employer to the employee's ’s SIMPLE IRA.

Appears in 1 contract

Sources: Simple Ira Application