Thrift plan

Thrift plan
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.

THRIFT PLAN:  A plan under which employees contribute a fixed percentage of salary to the plan and the employer makes a contribution in the same amount or in a reduced amount.

Savings or Thrift Plan:
A defined contribution plan in which participants make contributions on a discretionary basis with limits and to which employers may also contribute, ...

thrift plan A defined contribution retirement plan in which employees can contribute after-tax savings for retirement. The employee contributions may be fully or partially matched by the employer.

After-Tax Basis (business term)
Thrift Plan (insurance term)
Adjusted Basis or Adjusted Tax Basis (business term)
Adjusted Tax Basis
Acquisition Cost (finance term)
Bargain Sale (insurance term)
Appreciation ...

Pension: An employer-provided qualified retirement plan. Examples of pension plans include defined benefit plans, profit sharing plans, bonus plans, employee stock ownership plans (ESOPs), thrift plans, target benefit plans, ...

A pension is a qualified retirement plan set up by a corporation, labor union, government, or other organization for its employees. Examples of pensions include profit-sharing plans, stock bonus and employee stock ownership plans, thrift plans, ...

Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts. The group is comprised of representatives of savings banks, savings and loan associations, and credit unions.
Thrift plan ...

See also: Saving, Expense, Internal revenue code, Compensation, Death benefit