Common use of Salary Reduction Election Clause in Contracts

Salary Reduction Election. Subject to the requirements of the SIMPLE plan of ___________________ (name of employer) I authorize __________% or $____________ (which equals ________% of my current rate of pay) to be withheld from my pay for each pay period and contributed to my SIMPLE IRA as a salary reduction contribution.

Salary Reduction Election. Subject to the requirements of the SIMPLE plan of ___________________________ (name of employer) I authorize __________% or $____________ (which equals ________% of my current rate of pay) to be withheld from my pay for each pay period and contributed to my SIMPLE IRA as a salary reduction contribution.

Salary Reduction Election. Subject to the requirements of the SIMPLE plan of _________________________ (name of employer) I authorize __________% or $____________ (which equals ________% of my current rate of pay) to be withheld from my pay for each pay period and contributed to my SIMPLE IRA as a salary reduction contribution.