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Glossary > N > "Non-Elective Contribution" Definition

Non-Elective Contribution

A type of contribution an employer chooses to make to each of his or her eligible employee"s employer-sponsored retirement plan. The contribution is not based on salary reduction contributions made by the employee.

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Non-Elective Contribution - A type of contribution an employer chooses to make to each of his or her eligible employee"s employer-sponsored retirement plan. The contribution is not based on salary reduction contributions made by the employee.

Non-Elective Contribution : a type of contribution an employer chooses to make to each of his or her eligible employee"s employer-sponsored retirement plan. the contribution is not based on salary reduction contributions made by the employee.