摘要: A type of investment that is not as freely marketable or transferable as a security. Unlike a security, a non-security does not require the backing of an underwriter or bank, and involves much less do[阅读全文:]
摘要: A retirement plan asset rollover performed in the event of the death of the account holder, where the recipient is not the spouse of the deceased. The most common practice for a non-spouse beneficiary[阅读全文:]
摘要: A clause found in qualified retirement plans stating that all employees of a company must be eligible for the same benefits, regardless of position within the company. The rule keeps plans from being [阅读全文:]
摘要: A one-time payment for the total or partial value of an asset. A lump-sum payment is usually taken in lieu of recurring payments that would otherwise be received over a period of time. The value of a [阅读全文:]
摘要: A U.S. state-level legal distinction of a married individual's assets. Property acquired by either spouse during the course of a marriage is considered marital property. For example, an IRA in the na[阅读全文:]
摘要: A type of contribution an employer chooses to make to his or her employee's employer-sponsored retirement plan. The contribution is based on elective deferral contributions made by the employee.
[阅读全文:]
摘要: A Canadian retirement savings vehicle that is registered with the Canadian government and is being used to produce retirement income for the beneficiary.
Though a matured RRSP is similar[阅读全文:]
摘要: A joint federal and state program that helps low-income individuals or families pay for the costs associated with long-term medical and custodial care, provided they qualify. Although largely funded b[阅读全文:]
摘要: The amount of income that determines how much of an individual's IRA contribution is deductible. The modified adjusted gross income is found by taking the individual's adjusted gross income and addi[阅读全文:]
摘要: A defined-contribution plan to which employer contributions are fixed.
Employers may contribute up to 25% of employees' compensation to a money-purchase pension plan.