Tag: 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...
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,...

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....

Qualified Trust

What is 'Qualified Trust' A tax-advantaged fiduciary relationship between an employer and an employee in the form of a stock bonus, pension,...
qualified retirement plan

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 Adoption Expenses (QAE)

What is 'Qualified Adoption Expenses - QAE' The necessary costs paid to adopt a child younger than 18 years of age or...

Family And Medical Leave Act (FMLA)

What is 'Family And Medical Leave Act - FMLA' The Family and Medical Leave Act (FMLA) was signed into law on August...

Fair Labor Standards Act (FLSA)

What is 'Fair Labor Standards Act - FLSA' A United States law which sets out various labor regulations regarding interstate commerce employment,...

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