to receive an employer contribution.
3 percent) than the overall average deferral
rate for all participants covered by a 401(k) plan through The Principal (6.
The average deferral
(ADP) limit is the highest dollar amount of elective deferrals
that a highly compensated employee (HCE) may retain in the plan under Sec.
not based on the employee's elective deferral
contributions), they must equal at least 3% of the employee's compensation.
involving services performed on or before December 31, 2005, the code requirements for the timing of elections will not apply to elections made on or before March 15, 2005, provided
Unlike the nonelective contribution safe harbor that requires employer contributions for all eligible non-HCEs without regard to whether they make elective deferrals
to the plan, this matching contribution safe harbor requires employer contributions only for those non-HCEs who actually make elective deferrals
to the plan.
Designated Roth contributions are subject to the same requirements as other elective deferrals
The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) added section 414(v), raising--for individuals at least age 50 before the end of the plan year--the limits on elective deferrals
for section 401(k) qualified CODA plans, 403(b) tax-sheltered annuities, 408(k) SEPs, 408(p) SIMPLEs and 457 state or local government plans.
income tax law allows tax deferral
when stock is received subject to a substantial risk of forfeiture, such a risk of forfeiture is generally disregarded under foreign tax law.
bank TruPS CDOs began 2012 with a marginal increase in both defaults and deferrals
, according to the latest index results from Fitch Ratings.
based plan, participate to the extent of nonelective deferrals
of foreign earned income (but only up to the usual Sec.
For salary deferrals
, this requirement is satisfied if an employee's election for the following year is made before January 1.
entities to the extent of non-elective deferrals
of foreign-source earned income, if the deferred amounts meet the individual limitation rules of Sec.
Match employees, elective deferrals
up to 3% of compensation.
continue to decline due to additional cures during the past month for U.