| Elective-Deferral Contribution |
 A cash or deferred contribution arrangement of an employer-sponsored retirement plan under which participants can choose to set aside part of their pre-tax compensation as a contribution to the plan. Also known as "salary-deferral" or "salary-reduction contributions".
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This kind of contribution is also called a salary reduction contribution. Employees defer the tax on the money until it is distributed to them.
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Making Salary Deferral Contributions - Part 1 of 2 - If you aren't participating in your employer-sponsored retirement plan, you're missing out! Learn the benefits.
Making Salary Deferral Contributions - Part 2 of 2 - If you see barriers stopping you from participating in your employer-sponsored retirement plan, there may be some easy solutions.
Introductory Tour through Retirement Plans - Here you will find tutorials that are each devoted to one the most common retirement plans, explaining how to establish, fund, and then take distributions from it. |
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