Excess Deferral

Business, Legal & Accounting Glossary

Definition: Excess Deferral


Excess Deferral


Full Definition of Excess Deferral


A contribution to a retirement plan sponsored by an employer of an amount that is greater than the allowed amount for tax-deductable contributions to that plan for a given period of time. Excess deferrals are typically returned to the employee and taxed in the year the money was earned.


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/excess-deferral/
Modern Language Association (MLA):
Excess Deferral. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/excess-deferral/.
Chicago Manual of Style (CMS):
Excess Deferral. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/excess-deferral/ (accessed: April 24, 2024).
American Psychological Association (APA):
Excess Deferral. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/excess-deferral/

Definition Sources


Definitions for Excess 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.