When elements react, their atoms join with other atoms to form compounds [compound: A compound is a substance formed by the chemical union (involving bond formation) of two or more elements.] . Chemical bonds form when this happens, which involves atoms transferring or sharing electrons.hen elements react, their atoms join with other atoms to form compounds [compound: A compound is a substance formed by the chemical union (involving bond formation) of two or more elements. ] . Chemical bonds form when this happens, which involves atoms transferring or sharing electrons.
Elective (employee-paid) supplemental benefits are one way employees can protect themselves and their families from the expenses associated with an unplanned medical event, while assuming a more proactive role in their total healthcare program.
Definition. Elective contributions made to SIMPLE IRAs, 401(k) plans, SARSEPs, 403(b) plans. A participant may defer up to 100% of his/her salary/wages to the plan, up to the statutory dollar limit in effect for the year. For qualified plans and 403(b) plans, the employer may limit salary reduction contributions to a percentage less than 100% of salary/wages, if permitted.