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Employee Retirement Income Security Act |
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Employee Retirement Income Security ActIn the US, a federal law introduced for the protection of participants in private pension plans.Similar MatchesNormal retirementNormal retirementThe age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately. Individual Retirement Account (IRA)Individual Retirement Account (IRA)A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax-deferred. 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. Early retirementEarly retirementFor company pension schemes, an employee may retire at an early age provided it is authorised by the company. In the UK, qualifying ages are 50 for men and 45 for women. However, the amount of pension payable will reduce compared with the amount payable at normal retirement age. Further Suggestionsnormal retirement ageTax deferred retirement plans Retirement retirement relief IRA (individual Retirement Account) Bonds Enabling Annual Retirement Savings (BEARS) individual retirement account Registered Retirement Savings Plan (RRSP) normal retirement date unfunded unapproved retirement benefits scheme retirement annuity contract (RAC) Employee Retirement Income Security Act (ERISA) phased retirement |
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