Summary plan description The document that summarizes a company or government agency's 401(k), 403(b) or 457 plan. By law, this document must be provided to all plan participants and beneficiaries.
Summary plan description (SPD)
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, ...
SPD Acronym for Summary Plan Description. A document containing a comprehensive... SPDA Acronym for Single-Premium Deferred Annuity. A tax-deferred investment plan... SPDR Acronym for Standard and Poor's Depository Receipt.
The vesting schedule must be spelled out in the summary plan description. Vesting schedule
The schedule for an employer's matching contributions to become the full property of the employee.
 See also: Retirement, Portfolio, Earnings, Stock, Asset
  
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