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.

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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:1. The age until which a person is expected to live.

2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. The life expectancy, for re[阅读全文]

摘要:

A method of calculating annuity payments, by dividing the balance or total value of a retirement account by the policy holder's anticipated length of life. This is the easiest method of early dist[阅读全文]

摘要:A pension plan that is tied to an individual's Social Security payments to determine the total benefit that the plan participant should receive.

The actual amount sent to the recipient in a de[阅读全文]

摘要:Something of individual value that cannot be touched or held. Intangible personal property can include any item of worth that is not physical in nature. Examples include a copyright, trademark or good[阅读全文]

摘要:A 401(k) plan set up for an individual running a sole proprietorship or a small business with a spouse/immediate family member. Plan contribution limits for the individual are equal to a typical compa[阅读全文]

摘要:For employer-sponsored, tax-advantaged retirement plan purposes, anyone who is a 5% owner of a company or who received more than $110,000 in compensation in 2010 (the compensation limit is adjusted an[阅读全文]

摘要:Pensions earned while working in the United Kingdom's public sector between 1978 and 1997. During those years, the UK’s public sector pension plan was contracted out and the pensions earned are[阅读全文]

摘要:A rule of thumb used to determine the amount of funds to withdraw from a retirement account each year. The four percent rule seeks to provide a steady stream of funds to the retiree, while also keepin[阅读全文]

摘要:The penalty a retirement account owner or the beneficiary of a retirement account must pay when he or she fails to distribute a minimum amount due for a year from the retirement account.

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摘要:A perpetual stream of cash flows that start at a predetermined date in the future. For example, preferred fixed dividend paying shares are often valued using a perpetuity formula. If the dividends are[阅读全文]

摘要:A formal arrangement between a company and its employees - or the employees' union - that provides funding for the employees' retirement. This pool of funds can be financed in several ways and will [阅读全文]

摘要:A professional designation available in both the United States and Canada that indicates a human resource professional's expertise in employee benefits. The program is overseen by the Wharton School [阅读全文]

摘要:A pension plan under which an employer credits a participant's account with a set percentage of his or her yearly compensation plus interest charges. A cash balance pension plan is a defined-benefit [阅读全文]

摘要:1. A term that refers to a temporary period in which access is limited or denied.

2. A period of around 60 days during which employees of a company with a retirement or investment plan cannot m[阅读全文]

摘要:The situation at the opening of a trading day when there is a wide spread between the bid and ask prices for a security.
This situation can arise because market makers and market participants ha[阅读全文]

摘要:A fully integrated order entry and execution system used by Nasdaq for all securities' transactions.

The SuperMontage system has replaced the SuperSoes and SOES systems as it is more ac[阅读全文]

摘要:The firms that hire the specialists to represent companies listed on certain exchanges. Companies listed on certain exchanges will interview employees of the specialist firms, seeking out suitable peo[阅读全文]

摘要:A special account where excess margin generated from a client's margin account is deposited. Also known as "special miscellaneous account".
The purpose of an SMA is to lock in any gains reali[阅读全文]