Category: Other
Created by: zzcgood
Number of Blossarys: 7
A type of employer contribution to an employee retirement fund in which employee contributions up to a maximum limit are accompanied by identical, or at least proportional, contributions by the ...
An arrangement in which an employer shares some of its profits with its employees. The compensation can be stocks, bonds, or cash, and can be immediate or deferred until retirement. Profit-sharing ...
The deposits made by a marriage partner into the other partner's individual retirement account (IRA). In order to qualify, the income of the contributing spouse must be less than the account owner's, ...
The transfer of a deceased person's remaining retirement assets to a surviving spouse. This may be done by simply transferring ownership of the retirement asset, or by transferring available funds to ...
A savings account established for a taxpayer as a way to encourage saving for retirement. The plan provides an additional tax credit for taxpayers under a certain income level, which is deposited ...
A pension plan funded out of the employer's current income whenever funds are required by retiring employees or beneficiaries, rather than out of money put aside on a regular basis regardless of ...
A term that refers to one investing with the intention of acquiring assets that are sufficient to meet or exceed liabilities in the present and future. A defined-benefit pension plan is the most well ...