contribution

(redirected from Contributions)
Also found in: Dictionary, Thesaurus, Legal.
Related to Contributions: overzealous, hitherto, amid, barring

Contribution

Money placed in an individual retirement account (IRA), an employer-sponsored retirement plan, or other retirement plan for a particular tax year. Contributions may be deductible or nondeductible, depending on the type of account.

Contribution

Money placed into an annuity or retirement account. Most of the time, contributions are small and are made on a regular basis, especially monthly. Occasionally, however, one may make a large, one-time contribution to purchase the annuity or retirement account. Contributions are combined and invested and, along with any earnings, are eventually repaid to the annuitant or account holder in monthly installments.
Contributionclick for a larger image
Fig. 26 Contribution. Output and sales of chairs.

contribution

the difference between SALES REVENUE and VARIABLE COSTS. If total contributions are just large enough to cover FIXED COSTS then the producer BREAKS EVEN; if contributions are less than fixed costs the producer makes a LOSS; while if contributions exceed fixed costs then the producer makes a PROFIT. Fig. 26 shows how contributions provide a fund out of which total fixed costs must be paid before any profit is made. See MARGINAL COSTING.

contribution

the difference between a product's SALES REVENUE and its VARIABLE COSTS. If total contributions are just large enough to cover FIXED COSTS then the producer BREAKS EVEN; if contributions are less than fixed costs, the producer makes a LOSS; while if contributions exceed fixed costs then the producer makes a PROFIT. See LOSS MINIMIZATION, MARGINAL COST PRICING.

contribution

(1) An appraisal principle that says the value of an improvement is the amount it adds to the value of the property as a whole,not the value of the improvement standing alone in a void. A backyard workshop in a prestigious neighborhood might not add any value at all and could be considered an eyesore detracting from value, but might be worth $10,000 in a different neighborhood.(2) A legal principle holding that if a judgment is collected against one who was held guilty of negligence,assault,defamation,fraud,or some other tort,then that person may obtain a contribution from others against whom the same judgment was rendered, for their proportionate share of the judgment.Likewise,persons jointly liable for a debt,such as partners or cotenants,are responsible to pay their share to the other if one pays the entire amount.

References in periodicals archive ?
Wait, our plan already allows for Roth deferrals, isn't that the same as after-tax contributions? While Roth and After-Tax contributions are both made by the employee and are taxed in the year they are made, how the earnings on the two contribution types are handled is very different.
These employer contributions to a profit sharing plan can be entirely discretionary, made according to a formula provision, or a combination of both.
An individual may make both traditional pretax and Roth-designated contributions in a plan year.
Are there different kinds of contributions that employees pay?
Contribution flexibility--Since it's viewed as a 401(k) with profit sharing, you get to decide each year whether to contribute and how much to contribute to your Solo 401(k).
Second, employers have had significant concerns about the fiduciary responsibility and liability for the investment of contributions made to the plan through automatic enrollment.
The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) created a nonrefundable credit for elective deferrals and IRA contributions under IRC section 25B.
To satisfy the automatic enrollment safe harbor, elective contributions must fall within a range from a minimum contribution of 3 percent up to 10 percent of compensation depending on, and increasing with, the employee's length of participation.
The odd thing is that we approach restrictions on political contributions on the theory that elected officials will tend, both in actuality and appearance, to place their personal interests in retaining office ahead of the public good, and shape public policy in the interest of campaign donors, even when those policies are opposed by their constituents and perhaps even themselves.
The plan will be administered by the Ministere de l'Emploi et de la Solidarite sociale; as of January 1, 2006, Revenu Quebec will be responsible for collecting the contribution to the Quebec parental insurance plan.
The current Treasury Regulations--which have been in effect since 1977--provide that deductible charitable contributions will "generally" be considered as not definitely related to any gross income.
Parties are conforming to the new contribution restrictions, investing in grassroots outreach programs and replacing a large share of the soft money "lost" under the new rules with tens of thousands of contributions from small donors.

Full browser ?