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50 Results for Tag: employee

Key Employee

DefinitionKey employee, in U.S. Internal Revenue Service terminology, is an employee classification used when determining if company-sponsored qualified retirement plans, including 401 defin

Key Performance Indicators (KPI)

Key Performance Indicators (KPI) What are 'Key Performance Indicators - KPI' Key performance indicators (KPI) are a set of quantifiable measures that a company uses to gauge its performanc

Key Person Insurance

DefinitionKey person insurance, also commonly called keyman insurance and key man insurance or 'key employee insurance', is an important form of business insurance. There is no legal definit

Yearly Renewable Group Term Insurance

Yearly Renewable Group Term Insurance What is 'Yearly Renewable Group Term Insurance ' A type of insurance policy purchased by employers to cover several people at a time and is reviewed o

In-Service Withdrawal

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, such as reaching

Identity Fraud Reimbursement Program

Identity Fraud Reimbursement Program What is 'Identity Fraud Reimbursement Program' A financial product that offers reimbursment for the costs associated with having been a victim of ident

Incentive Stock Option (ISO)

Incentive Stock Option (ISO) What is an 'Incentive Stock Option - ISO' An incentive stock option (ISO) is a type of employee stock option with a tax benefit, when you exercise, of not havi

Nanny Tax

DefinitionThe combination of payroll taxes withheld from a household employee and the employment taxes paid by their employer are commonly referred to as the nanny tax. Under current law, an

Management And Employee Buyout (MEBO)

Management And Employee Buyout (MEBO) What is 'Management And Employee Buyout - MEBO' A restructuring initiative that involves both managerial and non-managerial employees buying out a fir

Magnet Employer

Magnet Employer What is 'Magnet Employer' A popular business or businessperson to whom job candidates naturally gravitate. Magnet employers often have brand name recognition behind them, a
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