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ContributionMoney 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.ContributionAn amount of money paid into an account. This can be a 'one off' payment or on a regular basis.Contribution Similar MatchesSimplified defined contribution schemeSimplified defined contribution schemeSee: 'defined contribution pension plan' Free standing additional voluntary contributionsFree standing additional voluntary contributionsAn 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 agreementEquity contribution agreementAn agreement to contribute equity to a project under certain specified conditions. Defined contribution pension planDefined contribution pension planA pension plan in which benefits are dependent on contributions to and the growth of the pension fund. Further SuggestionsFederal Insurance Contributions ActNational 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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