|
|
Defined contribution plan |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Defined contribution planA pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit planDefined contribution plan Similar MatchesNondeductible contributionNondeductible contributionA contribution to either a traditional IRA or Roth IRA. Income tax is due on the contribution in the tax year for which the contribution is made. Voluntary deductible employee contribution planVoluntary deductible employee contribution planA type of pension plan in which an employee elects to have regular payments deducted from each pay check. General Average ContributionGeneral Average ContributionThe amount of money paid by each shipper involved in a General Average. Additional voluntary contributionsAdditional voluntary contributionsAdditional payments to a tax deferred savings account or an occupational pension scheme by an employee to boost a pension at retirement. Money purchase scheme (defined contributions scheme)Money purchase scheme (defined contributions scheme)A pension scheme in which the benefits will be dependent on contributions to, and growth of, the fund and the fund manager's costs. Further SuggestionsContributionfree standing additional voluntary contributions Contribution defined contribution pension plan Excess contribution Contribution margin National Insurance (NI) Contributions Deductible contribution Equity contribution agreement Equal percentage contribution rule (EPCoR) simplified defined contribution scheme Contributions Agency Federal Insurance Contributions Act |
|
|
|