A defined contribution plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employer contributions and, if applicable, employee contributions) plus any investment earn...
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http://en.wikipedia.org/wiki/Defined_contribution_plan
A pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit plan
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http://www.duke.edu/~charvey/Classes/wpg/bfglosd.htm
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
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http://www.encyclo.co.uk/local/20047
A pension plan obliging the sponsor to make specified dollar payments to qualifying employees. The p
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http://www.encyclo.co.uk/local/22402
An individual account plan in which the employer contributes a specific amount of money into each ye
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http://www.encyclo.co.uk/local/22403
A pension plan
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http://www.encyclo.co.uk/visitor-contributions.php
Also called an individual account plan. A type of retirement plan in which the employer pays a specified amount of money each year, which is then divided among the individual accounts of each participating employee. Profit-sharing, employee stock ownership and 401(k) plans are all defined contribution plans.
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http://www.lectlaw.com/def/d034.htm
A type of retirement plan that creates an individual account for each employee funded by contributions by the employer, the employee, or both. The amount contributed is set, either as a dollar amount or by formula (for example, a certain percentage of the employee's earnings). Unlike a defined benefit plan, which guarantees that the employee will b...
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http://www.nolo.com/dictionary/defined-contribution-plan-term.html
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. Also, there may be years-of-employment and income constraints. Some popular plans are the 401K and IRA plans. Here, there are no guarantees as to eventual value of plan amount or pla...
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http://www.oasismanagement.com/glossary/
- See EMPLOYEE BENEFIT PLAN.
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https://www.encyclo.co.uk/local/21071
No exact match found.
