installment acceleration amount
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 430 — for purposes of this section
The term “installment acceleration amount” means, with respect to any plan year in a restriction period with respect to an election year, the sum of—
(I) the aggregate amount of excess employee compensation determined under subparagraph (D) with respect to all employees for the plan year, plus
(II) the aggregate amount of extraordinary dividends and redemptions determined under subparagraph (E) for the plan year.
29 U.S.C. § 1083 — for purposes of this section
The term “installment acceleration amount” means, with respect to any plan year in a restriction period with respect to an election year, the sum of—
(I) the aggregate amount of excess employee compensation determined under subparagraph (D) with respect to all employees for the plan year, plus
(II) the aggregate amount of extraordinary dividends and redemptions determined under subparagraph (E) for the plan year.