Elective Deferral

Business, Legal & Accounting Glossary

Definition: Elective Deferral


Elective Deferral


Full Definition of Elective Deferral


An employer’s contribution towards an employee’s 401(k) plan on the employee’s behalf that could have been accepted as cash, but was deferred by the employee.


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Elective Deferral. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/elective-deferral/.
Chicago Manual of Style (CMS):
Elective Deferral. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/elective-deferral/ (accessed: April 23, 2024).
American Psychological Association (APA):
Elective Deferral. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/elective-deferral/

Definition Sources


Definitions for Elective Deferral 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.