摘要: A method of calculating an employer's contribution to an employee's defined benefit plan. The employer calculates the contribution by multiplying an employee's years of service by a percentage of h[阅读全文:]
摘要: The actuarial present value of pension plan benefits belonging to employees of an organization. The vested benefit obligation (VBO) is one measure of a pension fund's liability. The VBO only consider[阅读全文:]
摘要: 1. The lawful right of an individual or entity to gain access to tangible or intangible property now or in the future. A vested interest is an entitled benefit, which can be conveyed to a separate par[阅读全文:]
摘要: The use of legal methods to modify an individual's financial situation in order to lower the amount of income tax owed. This is generally accomplished by claiming the permissible deductions and credi[阅读全文:]
摘要: A savings plan or account that is registered with the government and provides deferral of tax obligations. Tax-deferred savings plans may defer taxable income earned within the account either until wi[阅读全文:]
摘要: A type of annuity that allows an employee to make contributions from his or her income into a retirement plan. The contributions are deducted from the employee's income and, as a result, the contribu[阅读全文:]
摘要: An insurance product that guarantees a periodic payment of a predetermined amount for a fixed term. Once the term has elapsed, these products are spent and offer no possibility of any future payments,[阅读全文:]
摘要: A trust created as a result of explicit instructions from a deceased's will.
Typically, the remaining estate of the deceased (trustor) will act as the body of the trust, and the executo[阅读全文:]
摘要: The pension fund for Japanese public sector employees. The GPIF pension fund is the largest in the world, with approximately $1.3 trillion (122 trillion yen) in assets under management as of 2009. The[阅读全文:]
摘要:
A form of retirement plan available only to selected company employees - usually key executives. Such plans are different from standard retirement plans in a number of ways:
1) They d[阅读全文:]