Contribution


 

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Contribution

Money placed in an individual retirement account (IRA), an employer-sponsored retirement plan, or other retirement plan for a particular tax year. Contributions may be deductible or nondeductible, depending on the type of account.

Contribution

An amount of money paid into an account. This can be a 'one off' payment or on a regular basis.



Contribution

Similar Matches

Simplified defined contribution scheme

Simplified defined contribution scheme

See: 'defined contribution pension plan'


Free standing additional voluntary contributions

Free standing additional voluntary contributions

An employee's pension scheme which is additional to but independent from his occupational pension scheme. The maximum amount which may currently be contributed to an employee's pension fund is 15% of salary (which includes benefits in kind) including his company scheme. For example if an employee is contributing 10% of his salary to a company scheme, a further 5% can be paid by that employee in each tax year into FSAVCs or AVCs. However, the employer and employee contributions when combined must not produce benefits in excess of Inland Revenue maximums.


Equal percentage contribution rule (EPCoR)

Equal percentage contribution rule (EPCoR)

Principle that each asset contributes the same proportion to the equilibrium portfolio rate premium and risk.


Equity contribution agreement

Equity contribution agreement

An agreement to contribute equity to a project under certain specified conditions.


Defined contribution pension plan

Defined contribution pension plan

A pension plan in which benefits are dependent on contributions to and the growth of the pension fund.


Further Suggestions

Federal Insurance Contributions Act
National Insurance (NI) Contributions
Defined contribution plan
Contribution margin
General Average Contribution
Deductible contribution
Contributions Agency
Excess contribution
voluntary deductible employee contribution plan
additional voluntary contributions
Nondeductible contribution
money purchase scheme (defined contributions scheme)


 
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