Annual Addition

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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402(g) (1) and (3)] Defined contribution plan annual addition [Sec.
The working group recommended a 7% annual addition to public R&D resources, which could stem from profits from the sales of state-owned property.
For defined contribution plans, the annual addition may be up to 100% of an employee's compensation, but not more than $40,000.
"The review included a determination of plant nutrient value and evaluation of the product to ensure it meets Washington standards for annual addition of metals to soil," said Maxwell.
An annual addition of a 3-inch layer of mulch throughout the property inhibits the growth of weeds; grasses and weeds down the back slope are controlled by spraying when necessary.
Many African countries would envy even this growth rate, but Botswana's population is growing at 3% per annum and the main sources of employment' (manufacturing and construction) are not expanding sufficiently to keep up with the steady drift of rural dwellers to the towns in search of work or the annual addition to the workforce of thousands of school leavers.
The new system will accommodate both the annual addition of some 500,000 bibliographic records and the increasing number and complexity of information requests made by libraries and their users.
The researchers found a median alkalinity decrease of 50 microequivalents per liter ([mu]equiv/l) in Adirondack lakes--a value suggesting the annual addition of about 6 X 10.sup.17 hydrogen ions of strong acid per liter.
These documents are an annual addition in the framework of long-term agreements with the areas that were signed with them earlier, and will be relevant throughout the life of the license for subsoil use.
The two executives also pointed to the so-called population pyramid, which ensures the annual addition of about two million into the Philippine workforce for many more years.
He said the textile industry had envisaged massive growth in exports by 2018 with an annual addition of $2 billion after the award of GSP Plus status from European Union but this target could not be materialised due to cost of doing business.
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