Tag: eligible

Health Savings Account (HSA)

What is a 'Health Savings Account - HSA' A Health Savings Account (HSA) is an account created for individuals who are covered...

Health Reimbursement Account (HRA)

What is a 'Health Reimbursement Account - HRA' A health reimbursement account (HRA) consists of employer-funded plans that reimburse employees for incurred...

In-Service Withdrawal

What is 'In-Service Withdrawal' A withdrawal made from a qualified plan account before the holder experiences a triggering event. A triggering event,...

Offer In Compromise

DefinitionThe Offer in Compromise program, in the United States, is an Internal Revenue Service program under which allows qualified individuals with an unpaid tax...
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...

Canadian Deposit Insurance Corporation (CDIC)

What is 'Canadian Deposit Insurance Corporation - CDIC ' A crown corporation owned by the Canadian government that insures bank deposits up...

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...

Canada Learning Bond

DefinitionThe Canada Learning Bond is a grant paid by the government of Canada to assist low-income families with saving money for their children's post-secondary...

Head Of Household

DefinitionHead of Household is a filing status for individual United States taxpayers. Head Of Household What is 'Head Of Household' A status...

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