money purchase retirement plan
1money purchase pension plan — USA money purchase plan, Also known as a money purchase pension plan. A defined contribution plan that provides for an individual account for each participant and for fixed employer contributions. Benefits under a money purchase plan are… …
2Money-Purchase Pension Plan — A pension plan to which employers and employees make contributions based on a percentage of annual earnings, in accordance with the terms of the plan. Upon retirement, the total pool of capital in the member s account can be used to purchase a… …
3money purchase plan — USA money purchase plan, Also known as a money purchase pension plan. A defined contribution plan that provides for an individual account for each participant and for fixed employer contributions. Benefits under a money purchase plan are… …
4Retirement plan — A retirement plan is an arrangement to provide people with an income, or pension, during retirement, when they are no longer earning a steady income from employment. Retirement plans may be set up by employers, insurance companies, the government …
5Qualified Retirement Plan — A plan that meets requirements of the Internal Revenue Code and as a result, is eligible to receive certain tax benefits. These plans must be for the exclusive benefit of employees or their beneficiaries. There are two kinds of qualified plans:… …
6money-purchase — ˈ ̷ ̷ ̷ ̷ˌ ̷ ̷ ̷ ̷ adjective : of, relating to, or being a plan for retirement income in which contributions are at a fixed rate and benefits are determined by what the money thus set aside will buy …
7Retirement Compensation Arrangements — (RCAs) are defined under subsection 248(1) of the Canadian Income Tax Act , which allows 100 per cent tax deductible corporate dollars to be deposited into an RCA, on behalf of the private business owner and/or key employee. No tax is paid by the …
8Retirement — For other uses, see Retirement (disambiguation). Finance Financial markets …
9Retirement plans in the United States — A retirement plan is an arrangement to provide people with an income, possibly a pension, during retirement, when they are no longer earning a steady income from employment, or an asset from which a person may draw an income from as needed. There …
10retirement plans — General term referring to various types of retirement benefit plans provided by employers or established individually by self employed. See individual retirement account (I.R.A.); Keogh plan; money purchase plan, pension plan; retirement annuity …
