▇▇▇▇▇▇▇▇ Contributions Clause Samples

▇▇▇▇▇▇▇▇ Contributions o 1. The Plan does not accept Rollover Contributions. þ 2. Rollover Contributions may be made: o a. after meeting the eligibility requirements for participation in the Plan. þ b. prior to meeting the eligibility requirements for participation in the Plan.
▇▇▇▇▇▇▇▇ Contributions. The Plan does not accept Rollover Contributions.
▇▇▇▇▇▇▇▇ Contributions. [ ] 1. The Plan does not accept Rollover Contributions. [x] 2. Rollover Contributions may be made: [ ] a. after meeting the eligibility requirements for participation in the Plan. [x] b. prior to meeting the eligibility requirements for participation in the Plan. 3. The Plan will accept a Participant Rollover Contribution of an Eligible Rollover Distribution from (check only those that apply): [x] a. A Qualified Plan described in Code Section 401(a) or 403(a). [x] b. An annuity contract described in Code Section 403(b). [ ] c. An eligible plan under Code Section 457(b) which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state.
▇▇▇▇▇▇▇▇ Contributions. 1. There is no minimum contribution required to open an HSA. Except as provided in the HSA Documentation, there is no minimum balance requirement. However, if you open an HSA that remains dormant, with a balance of under $1 dollar (or such other minimum amount established by us from time to time), we reserve the right to close the HSA. 2. All contributions to your HSA must be in U.S. Dollars. You hereby authorize and direct us to accept contributions that are made by you or by others on your behalf and to act without further inquiry in accordance with the instructions given to us by you or any third party authorized or appointed to act on the HSA, including any instructions that specify a particular tax year for contributions. 3. Funds contributed to an HSA that remain uninvested are insured up to the applicable limit by the Federal Deposit Insurance Corporation (“FDIC”). The amount of insurance coverage available to you depends on the number of accounts you have with us and the ownership of such accounts. For additional information, you may visit the FDIC’s website at ▇▇▇.▇▇▇▇.▇▇▇. 4. Contributions for any given tax year may be made at any time before the deadline for filing your federal income tax return for such year (without extensions). All contributions received by us during a calendar year (other than rollover contributions or direct transfers) will be considered made for that calendar year for purposes of reporting. At our discretion, we may allow deposits for a prior or subsequent calendar year consistent with the requirements of Code Section 223 and any administrative procedures implemented by us. 5. Except for rollover contributions that we accept, deposits are limited to the statutory maximum contribution allowed under Section 223 of the Code (including any additional contributions allowed for individuals age 55 or over under Section 223(b)(3)(B) of the Code). At our discretion, we may require you to provide certification to us that you have attained the age of 55 before we accept any catch-up contribution amounts. You acknowledge that the Internal Revenue Service (“IRS”) imposes an excise tax upon any excess contribution that is made to your HSA and for each year in which the excess remains in your HSA. You hereby agree that we are not responsible for determining whether contributions to your HSA exceed the maximum annual contribution limit. If an excess contribution has been made, or you notify us that you are not eligible under the Code to m...
▇▇▇▇▇▇▇▇ Contributions. Contributions to the cost of health insurance for employees hired by the County before June 26, 1996, whether or not the employee has or is eligible for health insurance coverage, will be determined as follows: 1) The County's contribution toward the cost of health insurance, for full-time employees, shall be 90% of the cost of an individual plan with or without prescription or 90% of the cost of a two person or family plan with or without prescription or a combination thereof. 2) A full-time employee's contribution to the cost of health insurance shall be the difference between the cost of the plan the employee selects and the County's contribution to the cost. Contributions to the cost of health insurance for employees hired by the County on or after June 26, 1996, shall be as follows: The County's contribution toward the cost of health insurance, for full-time employees, shall be 80% of the mid cost individual plan with or without prescription or 80% of the mid cost two person or family plan with or without prescription or a combination thereof. A full-time employee's contribution to the cost of health insurance shall be the difference between the cost of the plan the employee selects and the County's contribution to the mid cost coverage. Employees who were employed prior to June 26, 1996 and who subsequently leave the employment of the County, and then who are re-employed by the County, shall be considered as employed after the agreement is ratified by the parties.
▇▇▇▇▇▇▇▇ Contributions l 1. The Plan does not accept Rollover Contributions. 2. Rollover Contributions may be made: a. after meeting the eligibility requirements for participation in the Plan. b. prior to meeting the eligibility requirements for participation in the Plan. 3. The Plan will accept a Participant Rollover Contribution of an Eligible Rollover Distribution from (check only those that apply): a. A Qualified Plan described in Code Section 401(a) or 403(a). b. An annuity contract described in Code Section 403(b). c. An eligible plan under Code Section 457(b) which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state. d. An Individual Retirement Account (which was not used as a conduit from a Qualified Plan) or Annuity described in Code Section 408(a) or 408(b) that is eligible to be rolled over and would otheiWise be includable in gross income. 4. The Plan will accept a Direct Rollover of an Eligible Rollover Distribution from (check only those that apply): a. A Qualified Plan described in Code Section 401(a) or 403{a), excluding Voluntary After-tax b. A Qualified Plan described in Code Section 401(a) or 403{a), including Voluntary After-tax c. An annuity contract described in Code Section 403(b), excluding Voluntary After-tax Contributions. d. An annuity contract described in Code Section 403(b), including Voluntary After-tax Contributions. e. An eligible plan under Code Section 457(b) which is maintained by a state, political subdivision of a state, or an agency or instrumentality of a state or political subdivision of a state. f. A ▇▇▇▇ Elective Deferral Account if it is a Direct Rollover from another ▇▇▇▇ Elective Deferral Account under a Qualified Plan described in Code Section 402A{e)(1) and only to the extent the rollover is permitted under Code Section 402(c).
▇▇▇▇▇▇▇▇ Contributions. What is a rollover contribution?
▇▇▇▇▇▇▇▇ Contributions. Is a distribution from an ESA taxable if the distribution is contributed to another ESA?

Related to ▇▇▇▇▇▇▇▇ Contributions

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Member Contributions Each Member and the Manager further acknowledges that it may contribute ideas, knowledge, know-how and, potentially, Confidential Information of such disclosing Member or the Manager to the Company, the employees, agents or contractors of the Company. Each disclosing Member or the Manager shall retain ownership of such Confidential Information but grants to only the Company, not to the individual(s) to whom the information was disclosed in his/her respective personal capacity(ies), the limited right to use such Confidential Information solely and exclusively for the benefit of the Company, and not any individual Member other than the disclosing Member; and each Member and the Manager other than the discloser promises and agrees to not use Confidential Information of a disclosing Member or the Manager for any purpose whatsoever except in connection with the Company and except with the written consent of both the disclosing Member and the Company. For purposes of this Section X, all references to the Company shall include its Affiliates.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Employer Contributions 16.01 Employer contributions shown in the tables in the attached appendices shall be made on all hours of work performed which are included in computing the eight (8) hours per day and forty (40) hours per week after which overtime is payable and shall be recorded on a standard remittance report provided by the Union and remitted on or before the fifteenth (15th) day of the month following the month for which contributions are due and payable, to the Trust Funds. Hours of work performed are interpreted to mean daily travel time, daily working time, reporting time, and, if the employee is required to perform a welding test, testing time. Contributions for overtime hours will be calculated as straight time hours. The Employer shall provide each employee covered by this Agreement with a statement with each weekly paycheque stating the total number of hours reported for contributions to the Pension and Health & Welfare Funds on behalf of that employee for the period covered by the paycheque. 16.02 All such funds due and payable to the above funds shall be deemed and are considered to be Trust Funds. It is expressly understood that training funds are not wages or benefits due to an employee and industry promotion funds are deemed to be dues for services rendered by the Association. 16.03 The Board of Trustees of the respective Trust Funds shall have authority to promulgate such agreements, plans and/or rules as may be necessary or desirable for the efficient and successful operation and administration of the said Trust Fund, including provisions for an audit, security, surety and/or liquidated damages to the extent that such may be necessary for the protection of the beneficiaries of such Trust Funds. In the event that any Employer is delinquent in his contributions to the above funds for more than thirty (30) days, the Employer and the Association shall be notified of such delinquency. If after five (5) days from such notice such delinquency has not been paid, the Employer shall pay to the applicable funds as liquidated damages, and not as a penalty, an amount equal to ten percent (10%) of the arrears for the month, or part thereof, in which the Employer is in default. Thereafter interest shall accumulate at the rate of two percent (2%) per month (24% per year compounded monthly) on any unpaid arrears, including liquidated damages. 16.04 Any and all agreements, plans or rules established by the Boards of Trustees of the respective Trust Funds shall be appended hereto and shall be deemed to be part of and expressly incorporated herein and the Employer and the Union shall be bound by the terms and provisions thereof. 16.05 The Employer shall not be required to make additional contributions or payments to any Industry Funds established by the Union or its Local Unions nor to any such funds established by Provincial or Territorial Government orders, regulations, or decrees for the purpose of providing similar benefits, it being understood and agreed that the contributions for herein, or any portions thereof shall be deemed to be in lieu of and/or shall be applied as payments to such funds. This provision shall not be applicable to any national funds or plans having general application and established by an Act of the Government of Canada. 16.06 In the Province of Ontario, the Trustees/Administrator of the employee benefit funds referred to in this Agreement shall promptly notify the Local Union of the failure by any Employer to pay any employee benefit contributions required to be made under this Agreement and which are owed under the said funds in order that the Program Administrator of the Ontario Employee Wage Protection Program may deem that there has been an assignment of compensation under the said Program in compliance with the Regulations to the Ontario Employment Standards Amendment Act, 1991, in relation to the Ontario Employee Wage Protection Program. 16.07 The parties hereto agree that contribution rates for the trust funds listed herein do not include any Provincial or Federal taxes.

  • Other Contributions In this Agreement, Other Contributions means the financial or in-kind contributions other than the Grant set out in the following table: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>