Tag: employee
Defined Benefit Plan
DefinitionA defined benefit pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum on retirement that...
De Minimis Tax Rule
What is the 'De Minimis Tax Rule' The De Minimis tax rule is a rule that states that capital gains tax must...
Underfunded Pension Plan
What is an underfunded pension plan and how does it happen
An underfunded pension plan happens when a company doesn't have enough money set aside...
Underlying Retention
What is retention and why does it matter for businesses
Retention is a measure of how well a business can keep its customers over time....
Unconditional Vesting
What is 'Unconditional Vesting' Pension benefits that are entitled to the employee without any restrictions. The employee is fully entitled to the...
ABC Agreement
What is 'ABC Agreement' An agreement made between a purchasing member with a seat on the NYSE and the firm in which...
KSOP
What is 'KSOP' A qualified retirement plan that combines an employee's stock ownership plan (ESOP) with a 401(k). Under this type of...
W-4 Form
What is the W-4 form and what is it used for
The W-4 form is a document that is used by employers to determine the...
W-2 Form
What is the 'W-2 Form'
The W-2 form is the form that an employer must send to an employee and the Internal Revenue Service (IRS)...
W-8 Form
What is a 'W-8 Form'
A W-8 form is an Internal Revenue Service (IRS) form that provides foreigners with an exemption from specified U.S. information...