annual addition
Defined in 1 place of the United States Code.
For purposes of paragraph (1), the term “annual addition” means the sum of any year of—
(A) employer contributions,
(B) the employee contributions, and
(C) forfeitures.
Source
- 2013–present26 U.S.C. § 415Internal Revenue Code · Limitations on benefits and contribution under qualified plans · in this section
For purposes of paragraph (1), the term "annual addition" means the sum of any year of—
(A) employer contributions,
(B) the employee contributions, and
(C) forfeitures.
For the purposes of this paragraph, employee contributions under subparagraph (B) are determined without regard to any rollover contributions (as defined in sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3), and 457(e)(16)) without regard to employee contributions to a simplified employee pension which are excludable from gross income under section 408(k)(6). Subparagraph (B) of paragraph (1) shall not apply to any contribution for medical benefits (within the meaning of section 419A(f)(2)) after separation from service which is treated as an annual addition.
Source
- 2001–202326 U.S.C. § 415Internal Revenue Code · Limitations on benefits and contribution under qualified plans · in this section
For purposes of paragraph (1), the term “annual addition” means the sum of any year of—
(A) employer contributions,
(B) the employee contributions, and
(C) forfeitures.
For the purposes of this paragraph, employee contributions under subparagraph (B) are determined without regard to any rollover contributions (as defined in sections 402(c), 403(a)(4), 403(b)(8), and 408(d)(3)) without regard to employee contributions to a simplified employee pension which are excludable from gross income under section 408(k)(6). Subparagraph (B) of paragraph (1) shall not apply to any contribution for medical benefits (within the meaning of section 419A(f)(2)) after separation from service which is treated as an annual addition.
Source
- 1994–200126 U.S.C. § 415Internal Revenue Code · Limitations on benefits and contribution under qualified plans · in this section
For purposes of this paragraph, the term “annual addition” has the meaning given such term by paragraph (2).
Source
- 1994–present26 U.S.C. § 415Internal Revenue Code · Limitations on benefits and contribution under qualified plans · in this section