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Glossary > E > "Elective Deferral Contribution" Definition

Elective Deferral Contribution

A cash or deferred contribution arrangement of an employer-sponsored retirement plan under which participants can choose to set aside part of their pre-tax compensation as a contribution to the plan.

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Elective Deferral Contribution - A cash or deferred contribution arrangement of an employer-sponsored retirement plan under which participants can choose to set aside part of their pre-tax compensation as a contribution to the plan.

Elective Deferral Contribution : a cash or deferred contribution arrangement of an employer-sponsored retirement plan under which participants can choose to set aside part of their pre-tax compensation as a contribution to the plan.