Simple IRA


 

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Simple IRA

A salary deduction plan for retirement benefits provided by some small companies with no more than 100 employees.



Simple IRA

Similar Matches

Simple interest

Simple interest

Interest calculated as a simple percentage of the original principal amount. Compare to compound interest.


Simple prospect

Simple prospect

An investment opportunity in which only two outcomes are possible.


Simple interest

Simple interest

Interest, normally paid annually, which is earned on deposited capital only. Unlike compound interest, the annual interest is not added to the capital. For example, if the capital deposited is £1,000 and the interest rate is £80, you would receive £80 at the end of the first year and at the end of the second year. This contrasts with compound interest, where the £80 interest earned on the first year would be added to the original capital, and the amount of money earning interest in the second year would be £1,080.00.


Simple reversionary bonus

Simple reversionary bonus

A with profits life assurance bonus, normally declared annually, which is based on the profits of the life company's investments. The simple reversionary bonus is calculated on the sum assured (or basic sum assured) only and is payable at the maturity of the policy or prior death. Once reversionary bonuses are declared, they cannot be withdrawn by the life company provided the policy conditions are fulfilled until a claim is made (that is, at maturity or previous death).


Simple linear regression

Simple linear regression

A regression analysis between only two variables, one dependent and the other explanatory.


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Simple linear trend model
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