Tag: benefit
Cafeteria Plan
DefinitionA cafeteria plan is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code....
Canada Revenue Agency (CRA)
What is 'Canada Revenue Agency - CRA' A federal agency that collects taxes and administers tax laws for the Canadian government, as...
Parsonage Allowance
Did you know that you could receive a parsonage allowance? A parsonage allowance is a tax-free housing allowance given to ministers, priests, and rabbis....
Qualified Retirement Plan
What is a qualified retirement plan
A qualified retirement plan is a type of retirement savings plan that offers certain tax advantages to encourage employees...
Qualified Professional Asset Manager (QPAM)
What is 'Qualified Professional Asset Manager - QPAM' A registered investment advisor/manager. The criteria for qualifying as a QPAM are defined by...
Qualified Pre-Retirement Survivor Annuity (QPSA)
Qualified Pre-Retirement Survivor Annuity (QPSA) What is 'Qualified Pre-Retirement Survivor Annuity - QPSA' A death benefit that is paid to the...
Qualified Domestic Relations Order (QDRO)
What is 'Qualified Domestic Relations Order - QDRO ' A type of court order typically found in a divorce agreement that recognizes...
Qualified Annuity
When most people think about retirement planning, the first thing that comes to mind is saving for their golden years. But what about investing...
Variable Universal Life Insurance (VUL)
What is 'Variable Universal Life Insurance - VUL' Variable universal life insurance (VUL) is a form of cash-value life insurance that offers...
Variable Death Benefit
What is 'Variable Death Benefit' The amount paid to a decedent's beneficiary that is dependent on the performance of an investment account...