Defined contribution plan |
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Defined Contribution Plan
A defined contribution plan is a type of qualified retirement plan, meaning it receives favorable tax treatment.
Defined Contribution Plans
Defined contribution plans, which are less expensive and more flexible than defined benefit plans, are actually a broad range of programs including profit-sharing plans, money-purchase plans, 401(k) plans, and others.
Defined Contribution Plan
Defined Contribution Plan definition :
A pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit plan ...
Defined contribution plan
A pension plan in which the sponsor is responsible only for making specified
contributions into the plan on behalf of qualifying participants. Related: defined benefit plan ...
defined contribution plan
An employer-sponsored qualified retirement plan, a defined contribution (DC) plan allows employees to defer a portion of salary.
DEFINED CONTRIBUTION PLAN - 401(k), 403(b), 457, and profit-sharing plans are examples of defined contr...
DEFINED EVENT - The definition applicable to the trigger of a loss in an insurance policy, particularly...
Defined Contribution Plan: A pension plan under which employer and employee contributions are fixed and the pension benefit received by retired employees is based on these contributions and how the money has been invested.
Defined Contribution Plan: A retirement plan (unlike KPERS) that bases retirement income entirely on the performance of investment choices selected by the member.
defined contribution plan
A pension or other employee benefit plan that provides a specified contribution amount for the benefit of eligible employees.
DEFINED CONTRIBUTION PLAN: A type of pension plan that specifies the annual contribution the employer will deposit into the plan on behalf of each plan participant.
Defined contribution plan
In a defined contribution retirement plan, the benefits - that is, what you can expect to accumulate and ultimately withdraw from the plan - are not predetermined, as they are with a defined benefit plan.
Defined Contribution Plan: Employee-funded retirement plans, such as 401(k)s and 403(b)s, that pay benefits based on the amount the employee has accumulated over his or her working life.
defined contribution plan: A retirement plan with varying contribution and benefit schedules depending on the return on the investments.
deflation: A decrease in the cost of goods and services.
Defined Contribution Plan This is a type of retirement plan in which the level of contributions and the benefits will vary, depending on the return from the investments.
Defined Contribution Plan. A defined contribution (DC) plan is an employer-sponsored retirement plan in which the employer contributes a specific dollar amount or percentage of pay into a retirement account for the employee.
Defined contribution plan: A corporate pension plan that guarantees the employer will pay a specific amount into the plan each year. Either a money purchase plan, such as a 401(k) or a SEP, or a profit sharing plan, or some combination of the two.
Defined Contribution Plans
Defined contribution (DC) plans specify (define) a firm's payments (contribution) to the pension fund. The funds are allocated to individual employees, much like a bank account or mutual fund.
Defined contribution plan: A company retirement plan, such as a 401(k), in which the employee elects to defer a portion of his or her salary into the plan, directing the investments of those dollars and bearing the investment risk.
DEFINED CONTRIBUTION PLAN
A type of retirement plan where the plan specifies the amount of the contribution that will be made by the employer. The amount of the retirement accumulation is determined based on the plans investment performance.
Defined contribution plan
Delivery date
Depository Trust and Clearing Corporation (DTCC) ...
Defined Contribution Plan - Refers to a retirement plan that has a quantified amount to be invested each year. Depending on the plan, there may be maximum and minimum contributory dollar amounts.
DEFINED CONTRIBUTION PLAN characterized by the setting aside of a portion of an entity's profits in participant's accounts.
See also: Employee Benefit Plan ...
defined contribution plan
A type of pension plan where the benefits are based on amounts in trust for the benefit of the employee; employer contributions are usually a fixed percentage of pay
employee ...
Defined Contribution Plan
A company retirement plan such as a 401(k) or 403(b), in which the employee elects to defer salary into the plan and directs the investments of that deferral.
Distribution ...
Defined Contribution Plans
There are basically two kinds of retirement plans: the defined benefit plan and the defined contribution plan.
A defined contribution plan does not promise a specific benefit at retirement, but does provide regular, set contributions to a pension fund. Defined contribution plans tend to be less expensive than defined benefit plans.
Deflation: ...
A defined contribution plan in which an employee contributes, usually on a before-tax basis, toward the ultimate benefits that will be provided. The employer usually agrees to match all or a portion of the employee's contributions.
With a defined contribution plan, the firm meets its obligation once it has made the prespecified contribution to the plan, and its valuation on the balance sheet is reasonably straightforward.
defined contribution plan A company retirement plan, such as a 401(k) or 403(b), allowing an employee... deflation A decline in general price levels, often caused by a reduction in the supply...
cash balance plan A defined benefit retirement plan that maintains individual employee accounts like a defined contribution plan. The employees' accounts earn a fixed rate of return that changes from year to year.
A: The term "Keogh" plan is not a term found in the Internal Revenue Code, but was a term used in the past to refer generally to certain defined contribution plans that covered self-employed individuals.
A profit sharing plan is one type of defined contribution plan in which an agreement between a corporation and its employees allows its employees to share in the company's profits.
With a defined contribution plan, also known as a Money Purchase RPP, the employees do not know in advance what their pension will be when they retire, but they do have some control over how their pension funds are invested.
benefit plan (which determines a fixed amount of benefit to be paid upon retirement, then uses an actuarial formula to calculate the annual contribution required to provide that benefit), most Keoghs take the form of a defined contribution plan ...
defined contribution plans, offered by employers to their employees, which allow automatic investment in several funds through payroll deduction.
Keogh Plan - Sometimes called defined contribution plan or defined benefit plan, a retirement plan for the self-employed or employees of unincorporated business. Contributions may be tax deductible.
A group of qualified retirement plans, including profit sharing and money purchase defined contribution plans and a defined benefit plan, is available to self-employed people, small-business owners, ...
A document that explains the fundamental features of an employer's defined benefit or defined contribution plan, including eligibility requirements, contribution formulas, vesting schedules, benefit calculations, and distribution options.
Variable benefit plans, also called defined contribution plans, allow the plan holder to manage his or her own account.
A pension plan obliging the sponsor to make specified dollar payments to qualifying employees. The pension obligations are effectively the debt obligation of the plan sponsor. Related: Defined contribution plan
Defined contribution plan ...
A pension plan which defines the benefits to be paid to the employee by a formula stipulated in the pension plan agreement. Unlike the defined contribution plan, ...
In recent years, companies have increasingly shifted from defined benefit pension plans, which guarantee workers a predetermined retirement income, to defined contribution plans, ...
A pension plan obliging the sponsor to make specified dollar payments to qualifying employees at retirement. The pension obligations are effectively the debt obligation of the plan sponsor. Related: Defined contribution plan ...
PENSION (AND OTHER EMPLOYEE BENEFIT) TRUST FUNDS - A fiduciary fund type used to report resources that are required to be held in trust for the members and beneficiaries of defined benefit pension plans, defined contribution plans, ...
federal or provincial pension legislation, and must be registered under the Income Tax Act. There are two types of registered pension plans - defined benefit pension plans (DB), and defined contribution pension plans (DC). Defined contribution plans ...
 See also: Expense, Saving, Defined benefit plan, Compensation, Banks
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