Tag: retirement
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...
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...
Death Benefit
What is 'Death Benefit' Death benefit is the amount on a life insurance policy, annuity or pension that is payable to the...
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...
Qualified Joint And Survivor Annuity (QJSA)
What is 'Qualified Joint And Survivor Annuity - QJSA'
An annuity payment from a qualified plan or 403(b) account that provides a life annuity to...
Savings
DefinitionSavings.com is a website that offers coupons and promotional savings, known as "deals," redeemable at nationally recognized merchant web sites and stores. Savings.com sources...
Security
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for AccessibilitySecurity Security is freedom from, or resilience against, potential harm (or other unwanted coercive change)...
Joint Life With Last Survivor Annuity
What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and...
Early Withdrawal
What is 'Early Withdrawal' The removal of funds from a fixed-term investment before the maturity date, or the removal of funds from...
Early Majority
What is 'Early Majority' The first sizable segment of a population to adopt an innovative technology. The early majority tends to be...