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Glossary > S > "Salary Reduction Contribution" Definition

Salary Reduction 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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Salary Reduction 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.

Salary Reduction 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.