het spaarbedrag met de ingeleverde bron(nen) verruilen
English translation: deposits the withheld amount(s) in the savings account
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:
het spaarbedrag met de ingeleverde bron(nen) verruilen
English translation:
deposits the withheld amount(s) in the savings account
Dutch to English translations [PRO] Bus/Financial - Finance (general) / salary savings scheme
Dutch term or phrase:het spaarbedrag met de ingeleverde bron(nen) verruilen
"[Afdeling XYZ] draagt zorg voor de afwikkeling [v/e aanmeldingsformulier m.b.t. een spaarloonregeling] en verruilt het aangegeven spaarbedrag met de door de werknemer ingeleverde bron(nen)."
This blurb is found in a company's salary savings scheme, and is rather cryptic to this scribbler. Suggestions? TIA. Cheers, R.
Explanation: IMHO this context means: deposits the withheld amount(s) in the savings account
Van Dale: verruilen - (ex)change
but you don't change or exchange amounts of money into savings - you deposit them.
The tax issue depends on the savings scheme concerned, such
as the salary savings or career savings schemes currently operated in the Netherlands.
Refs:
[PDF] ABN AMRO
Bestandsformaat: PDF/Adobe Acrobat - HTML-versie
Result-based bonuses are not taken into account when calculating ... A savings scheme, whereby deposits are paid out of the employee’s gross income (before ... www.abnamro.nl/nl/images/Generiek/
Attachments/Bestanden/Overig/CAO_Engels.pdf
Saga Secure Savings Account
Where a customer has made deposits in a savings or bank account, payments under the scheme are limited to 100% of the first £2000 and 90% of the next £33000 ... www.saga.co.uk/finance/sid/home_savings.asp
Union Bank of California - FAQ - Savings Accounts
Can I set up automatic deposits to my savings account? down arrow, 10. Can I use my savings account to pay a Union Bank loan? down arrow, 11. ... www.uboc.com/personal/main/0,,2485_4228,00.html
yes - see my answer - you deposit money in savings account as part of scheme - money is withheld from the income source - a la carte/cafeteria schemes allow employees to allocate bonuses and even a monthly percentage of income to career savings schemes
Gents, 'depositing from an income source' just doesn't rhyme in my mind. Could it be gobbledygook for something as straightforward as 'withholding/withdrawing from an income soure'?
The term "bron(nen)" refers to either a fixed monthly amount to be withheld on a monthly basis from the gross salary OR a one-off lump-sum "pay-in", as it were, when the annual holiday pay amount is paid out. This basically narrows things down now to the verb "verruilen".
Automatic update in 00:
Answers
5 hrs confidence:
exchanges against
Explanation: exchanges the amount of the savings indicated against the money contributed/paid in by the employee (thus sheltering the contribution against taxes, I presume)
Benno Groeneveld Local time: 02:54 Native speaker of: Dutch, English
Explanation: IMHO this context means: deposits the withheld amount(s) in the savings account
Van Dale: verruilen - (ex)change
but you don't change or exchange amounts of money into savings - you deposit them.
The tax issue depends on the savings scheme concerned, such
as the salary savings or career savings schemes currently operated in the Netherlands.
Refs:
[PDF] ABN AMRO
Bestandsformaat: PDF/Adobe Acrobat - HTML-versie
Result-based bonuses are not taken into account when calculating ... A savings scheme, whereby deposits are paid out of the employee’s gross income (before ... www.abnamro.nl/nl/images/Generiek/
Attachments/Bestanden/Overig/CAO_Engels.pdf
Saga Secure Savings Account
Where a customer has made deposits in a savings or bank account, payments under the scheme are limited to 100% of the first £2000 and 90% of the next £33000 ... www.saga.co.uk/finance/sid/home_savings.asp
Union Bank of California - FAQ - Savings Accounts
Can I set up automatic deposits to my savings account? down arrow, 10. Can I use my savings account to pay a Union Bank loan? down arrow, 11. ... www.uboc.com/personal/main/0,,2485_4228,00.html
Dave Calderhead Netherlands Local time: 08:54 Specializes in field Native speaker of: English PRO pts in category: 251
Grading comment
Yup, this'll do it, Dave. Preferred option is 'withhold'. Cheers, R.
The translation workplace 
