Contributions Holiday

Business, Legal & Accounting Glossary

Definition: Contributions Holiday


Contributions Holiday


Full Definition of Contributions Holiday


The option for an employee to temporarily stop paying into an employer-sponsored savings plan. If an employee chooses this option, the employer generally also has the option to also temporarily stop paying into the plan until the employee resumes payments.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/contributions-holiday/
Modern Language Association (MLA):
Contributions Holiday. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/contributions-holiday/.
Chicago Manual of Style (CMS):
Contributions Holiday. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/contributions-holiday/ (accessed: April 19, 2024).
American Psychological Association (APA):
Contributions Holiday. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/contributions-holiday/

Definition Sources


Definitions for Contributions Holiday are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.