Total Contribution. If the amount of contributions exceeds the limitations of Internal Revenue Code Sections 402(g) and/or 415 (annual contribution limit is $19,000.00), I agree that contributions may be suspended automatically at such time. If in any calendar year the amount of my salary reduction contribution is suspended as per the previous sentence, then the amount of my salary reduction contribution shall be resumed automatically at its unreduced level at the beginning of the following calendar year.
Appears in 2 contracts
Sources: Retirement Income Plan Salary Reduction Agreement, Retirement Income Plan Salary Reduction Agreement