Fiduciary — One party, for example a corporate trust company or the trust department of a bank, holds a fiduciary relation or acts in a fiduciary capacity to another, such as one whose funds are entrusted to it for investment. In a fiduciary relation one… … Wikipedia
Plan Sponsor — A designated party, usually a company or employer, that sets up a healthcare or retirement plan such as a 401(k) for the benefit of the organization s employees. The responsibilities of the plan sponsor include determining membership parameters,… … Investment dictionary
Named Fiduciary — The fiduciary that holds responsibility over a given financial account. The named fiduciary is responsible for operating and administering a qualified retirement plan under the Employee Retirement Income Security Act (ERISA), which is meant to… … Investment dictionary
Defined benefit pension plan — For the defined contribution pension plan, see Defined Contribution Pension Plan. In economics, a defined benefit pension plan is a major type of pension plan in which an employer promises a specified monthly benefit on retirement that is… … Wikipedia
Defined contribution plan — See also: Defined benefit plan In economics, a defined contribution plan is a type of retirement plan in which the amount of the employer s annual contribution is specified.[1] Individual accounts are set up for participants and benefits are… … Wikipedia
Ontario Teachers' Pension Plan — Board Type Private Industry Pension fund Founded 1989 Headquarters … Wikipedia
Pension Plan Administrator — An individual responsible for managing the day to day affairs and the strategic decisions involved with a group s pension fund/plan. More specifically, the plan administrator ensures that money is being contributed into the fund, the proper asset … Investment dictionary
top hat plan — USA A plan that is unfunded and is maintained by an employer primarily to provide deferred compensation for a select group of management or highly compensated employees. Top hat plans are exempt from certain requirements of the Employee… … Law dictionary
Sereboff v. Mid Atlantic Medical Services, Inc. — SCOTUSCase Litigants=Sereboff v. Mid Atlantic Medical Services, Inc. ArgueDate=March 28 ArgueYear=2006 DecideDate=May 15 DecideYear=2006 FullName=Joel Sereboff and Marlene Sereboff, Petitioners v. Mid Atlantic Medical Services, Incorporated USVol … Wikipedia
Health insurance — is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll … Wikipedia
accredited investor — ac·cred·it·ed investor /ə kre də təd / n: an investor that qualifies under the Securities Act of 1933 and related Securities and Exchange Commission regulations as one having at least a specified net worth and a certain level of knowledge and… … Law dictionary
