"plan" in inglés with examples - Collocation dictionary inglés
- Defined contribution plans set a specific maximum amount or percentage of compensation that may be paid into a plan.
- In contrast, 401(k) plans are a type of defined contribution plan.
- It may be converted into a defined contribution plan.
- In a defined contribution plan, contributions are paid into an individual account for each member.
- Defined contribution plans are supposed to provide a similar benefit.
- Thus Congress saw no need to provide insurance protection for participants in defined contribution plans.
- The first is similar to other defined contribution plans and amounts to an additional $5,500 that can be contributed as noted above.
- A defined contribution plan, on the other hand, does not promise you a specific benefit amount at retirement.
- The government does not guarantee benefit payments for defined contribution plans.
- All such defined contribution plans must be submitted to state insurance regulators before they are sold.
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