Annual Addition

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Annual Addition

In a defined-contribution plan, the maximum contribution an annuitant may make to a qualifying retirement account per year. The annual addition is usually the lesser amount of a percentage of income or a certain dollar amount, the latter of which is indexed to inflation.
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Annual revenue requirements shall be projected taking into consideration operation and maintenance expense; and financing of proposed system improvements and normal annual additions.
It also restricted 401(k) salary reduction contributions, tightened nondiscrimination rules, and required inclusion of all after-tax contributions to defined contribution plans as annual additions.
With annual additions of 25 million internet users, India is ahead of countries like Brazil and Russia even within the BRICS nations.
3 million will be provided from the annual budget that is given to the ministry, plus the annual additions bequeathed to it, Abu Faour explained.
Even in other fields, both government and the private sector do not hire the annual additions to the ranks of, for example, doctors, nurses, and allied medical professions.
During his keynote address, Rizwan Razvi, President NEW-G said, "Pakistan needs to create 36 million jobs over the next 10 years to absorb annual additions to its workforce.
During his keynote address, Rizwan Rizvi, President NEW-G said, "Pakistan needs to create 36 million jobs over the next 10 years to absorb annual additions to its workforce.
Unfortunately both adult and young birds are a tasty treat for many predators and the short-lived nature of the birds (they only live for two or three years) has meant establishing a meaningful population without the need of annual additions has proved elusive.
Dar said Pakistan's prosperity requires an acceleration of economic growth, which currently averaging about three per cent annually, with a rapid generation of jobs, especially for youth to absorb annual additions to the workforce.
Learning this can come only through annual additions to the database of who is adopting and how the use of a technology is changing.
Such amounts are treated as annual additions to a separate defined contribution plan.
In effect, provided employer contributions to the ESOP are within the annual additions limitations, this technique has enabled an employer to: (1) obtain funds for expansion by selling shares to the ESOP; and (2) repay the ESOP's bank loan with fully tax deductible dollars (i.
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