Tag: contribute

Individual Retirement Account – IRA

DefinitionAn individual retirement account is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings in...

Roth IRA

Roth IRA can be defined as a tax advantage retirement account. It is offered by the U.S. government. This account includes stocks, bonds, Certificate...
salary reduction contribution

Salary Reduction Contribution

What is a salary reduction contribution A salary reduction contribution is an arrangement between an employer and an employee whereby the employee agrees to have...

Salary Reduction Simplified Employee Pension Plan (SARSEP)

What is 'Salary Reduction Simplified Employee Pension Plan - SARSEP' A plan offered by small companies - typically those with fewer than...

Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE)

What is 'Savings Incentive Match Plan For Employees Of Small Employers - SIMPLE' A retirement plan that may be established by employers,...

Canada Education Savings Grant (CESG)

What is 'Canada Education Savings Grant - CESG' A grant from the Government of Canada paid directly into a beneficiary's Registered Education...
Tax Clawback Agreement

Tax Clawback Agreement

What is a Tax Clawback Agreement A Tax Clawback Agreement is an agreement between a taxpayer and the IRS in which the taxpayer agrees to...

Defined-Contribution Plan

DefinitionA defined contribution plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. Individual...

Fair Value

DefinitionIn accounting and in most Schools of economic thought, fair value is a rational and unbiased estimate of the potential market price of a...

Keogh Plan

DefinitionKeogh plans are a type of retirement plan for self-employed people and small businesses in the United States. Keogh Plan What is the...

EDITOR PICKS

Latest