employee contribution — An employee s own deposit to a company retirement plan. Bloomberg Financial Dictionary … Financial and business terms
Employee Contribution Plan — A company sponsored retirement plan where employees make deposits (contributions) to an account. Contributions are deducted from employee s pay; some companies match those payments. Remember, you always own 100% of contributions that you make … Investment dictionary
employee contribution — /ɛmˌplɔɪi kɒntrəˈbjuʃən/ (say em.ployee kontruh byoohshuhn) noun an after tax payment made from one s salary into a regulated superannuation fund. Compare salary sacrifice …
contribution — con·tri·bu·tion n 1: payment of a share of an amount for which one is liable: as a: shared payment of a judgment by joint tortfeasors esp. according to proportional fault compare apportion a b: pro rata apportionment of loss among all the… … Law dictionary
employee stock ownership plan — n: esop Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. employee stock ownership plan … Law dictionary
Employee Retirement Income Security Act — The Employee Retirement Income Security Act of 1974 (ERISA) (USStatute|93|406|88|829|1974|09|02) is an American federal statute that establishes minimum standards for pension plans in private industry and provides for extensive rules on the… … Wikipedia
contribution — money placed in an individual retirement account ( IRA), an employer sponsored retirement plan, or other retirement plan for a particular tax year. Contributions may be deductible or nondeductible, depending on the type of account. Bloomberg… … Financial and business terms
Employee Stock Ownership Plan - ESOP — A qualified, defined contribution, employee benefit (ERISA) plan designed to invest primarily in the stock of the sponsoring employer. ESOPs are qualified in the sense that the ESOP s sponsoring company, the selling shareholder and participants… … Investment dictionary
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
defined contribution plan — n: a pension plan in which the amount of the contributions made by the employer is fixed in advance and earnings are distributed proportionately Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. defined contribution plan … Law dictionary
Nonelective Contribution — A type of contribution an employer chooses to make to each of his or her eligible employee s employer sponsored retirement plan. The contribution is not based on salary reduction contributions made by the employee. Unlike a matching contribution … Investment dictionary