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Employee Retirement Income Security Act (ERISA) |
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Employee Retirement Income Security Act (ERISA)The law that regulates the operation of private pensions and benefit plans.Employee Retirement Income Security Act (ERISA) Similar MatchesRetirement reliefRetirement reliefA special relief for Capital Gains Tax purposes which applies when an individual aged 55 or over disposes of his business or an interest in a business. Phased retirementPhased retirementThe arrangement of a personal pension plan in segments to enable the policy holder to take a pension in stages. The lump sum entitlement is also phased. The policy holder may elect to phase the purchase of an annuity or to phase income drawdown (see personal pension plan). Retirement Protection Act of 1994Retirement Protection Act of 1994Legislation designed to protect the pension benefits of workers and retirees by increasing required support of pension plans by employers. Debt retirementDebt retirementThe complete repayment of debt. See: Sinking fund. Unfunded unapproved retirement benefits schemeUnfunded unapproved retirement benefits schemeAn unfunded occupational pension scheme that is not designed to be approved by the Pension Schemes Office. Further Suggestionsearly retirementRetirement normal retirement date Individual Retirement Account (IRA) normal retirement age retirement annuity contract (RAC) individual retirement account Tax deferred retirement plans Registered Retirement Savings Plan (RRSP) Normal retirement Employee Retirement Income Security Act Bonds Enabling Annual Retirement Savings (BEARS) IRA (individual Retirement Account) |
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