Excess contributions
To the extent any contribution to the pension-linked emergency savings account of a participant for a taxable year would exceed the limitation of subparagraph (A)—
(i)#
in the case of an eligible participant with another designated Roth account under the defined contribution plan, the plan may provide that—
(I) the participant may elect to increase the participant’s contribution to such other account, and
(II) in the absence of such a participant election, the participant is deemed to have elected to increase the participant’s contributions to such account at the rate at which contributions were being made to the pension-linked emergency savings account, and
(i)(I)#
the participant may elect to increase the participant’s contribution to such other account, and
(i)(II)#
in the absence of such a participant election, the participant is deemed to have elected to increase the participant’s contributions to such account at the rate at which contributions were being made to the pension-linked emergency savings account, and
(ii)#
in any other case, such plan shall provide that such excess contributions will not be accepted.