Assertion: catch contribution | /r/HasProperty | plan-imposed limit
Facets:
value: generally
type: DEGREE
Source sentences:
text: A catch-up contribution is an elective deferral made by a participant age 50 or older that exceeds a statutory limit, a plan-imposed limit, or the actual deferral percentage (ADP) test limit for highly compensated employees (HCEs).
text: A catch-up contribution is, generally, an elective deferral made by a catch-up eligible participant that exceeds a statutory limit, a plan-imposed limit, or the ADP limit (an “applicable limit”).