Term
|
Definition
| plan in which money is contributed on a pre-tax basis and all earnings are tax deferred. |
|
|
Term
|
Definition
| a investment contract made with the issuer |
|
|
Term
|
Definition
| a type of retirment plan usally a pension in which the payment amount is guaranteed |
|
|
Term
| Defined contribution plan |
|
Definition
| a type of retirment plan in whihc the amount invested in the plan is controlled by the employe, with no guarantee of benefits |
|
|
Term
| Employer-sponsored retirment plan |
|
Definition
| a savings plan for retirement that is offered through a companys benefits package; contributions are usally matched by the company |
|
|
