A pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit plan

A pension plan calling for definite annual contributions by the employer but with no specific benefit promised to the employee. The employee's benefits are ultimately determined by the amoun [..]

In a defined contribution retirement plan, the benefits — that is, what you can expect to accumulate and ultimately withdraw from the plan — are not predetermined, as they are with a defined benefit plan.Instead, the retirement income you receive will depend on how much is contributed to the plan, how it is invested, and what the return on the inve [..]

A retirement plan in which the amount of the employer's annual contribution is specified. Individual accounts are set up for participants and benefits are based on the amounts credited to these a [..]

A type of retirement plan that creates an individual account for each employee funded by contributions by the employer, the employee, or both. The amount contributed is set, either as a dollar amount [..]

A retirement plan under which the annual contributions made by the employer or employee are defined. Benefits may vary depending on the performance of the investments in the account.

A retirement savings plan, such as a 401(k) plan, that does not promise a specific payment upon retirement. In these plans, the employee or the employer (or both) contribute to the employee's...

Definition A company retirement plan, such as a 401(k) plan or 403(b) plan, in which the employee elects to defer some amount of his/her salary into the plan and bears the investment risk.

a pension plan in which the amount of the contributions made by the employer is fixed in advance and earnings are distributed proportionately

See EMPLOYEE BENEFIT PLAN.

A type of investment plan, in which the amount of the retirement benefits depends on the amount of the contributions made by the employee and employer. 401(k) plans are defined contribution plans.

A defined contribution plan is a plan in which the employer makes a specific annual payment to the employee's pension account. Benefits are largely based on the amount contributed; however, they [..]

A retirement plan under which the annual contributions made by the employer or employee are generally stated as a fixed percentage of the employee's compensation or company profits. The amount of [..]

A retirement plan to which an employer contributes a fixed amount or percentage of the employee's salary each year. The employee may be allowed to make individual contributions or choose the inve [..]

A retirement plan under which the annual contributions made by the employer or employee are defined. Benefits may vary depending on the performance of the investments in the account.

A retirement plan under which the annual contributions made by the employer or employee are generally stated as a fixed percentage of the employee’s compensation or company profits. The amount of reti [..]

A plan under which the contribution rate is fixed and benefits to be received by employees after retirement depend to some extent upon the contributions and their earnings.

An employee benefit plan under which the employer sets up benefit accounts and contributions are made to it by the employer and by the employee. The employer usually matches the employee's contri [..]

A money-purchase pension plan under which employer and employee contributions are fixed. The pension benefit is based on these contributions and the amount of interest earned. Employees assume most of [..]

A pension plan that specifies the contributions made by employees and, in many cases, the employer on behalf of each plan participant. These funds accumulate for each plan participant until retirement. At retirement, funds are distributed either as a lump sum or monthly annuity. Benefits are based on the amount of contributions plus earnings.

A retirement plan where a certain amount of money is set aside each year by the company for the benefit of the employee.

A pension plan under which employer and employee contributions are fixed and the pension is based on these contributions.

A retirement plan, such as a 401(k) plan or 403(b) plan, in which the employee elects to defer some amount of his or her salary into the plan and bears the investment risk. Contributions to the plan m [..]

An employee benefit plan under which the employer sets up benefit accounts and contributions are made to it by the employer and by the employee. The employer usually matches the employee’s contributio [..]

A health plan in which an employer places a certain amount of money each year into an employee account that can be used to pay medical expenses.

A plan under which the contribution rate is fixed and benefits to be received by employees after retirement depend to some extent upon the contributions and their earnings.

A retirement plan under which the annual contributions made by the employer or employee are defined. Benefits may vary depending on the performance of the investments in the account.

An employee benefit plan under which the employer sets up benefit accounts and contributions are made to it by the employer and by the employee. The employer usually matches the employee's contri [..]

A retirement plan under which the annual contributions made by the employer or employee are generally stated as a fixed percentage of the employee's compensation or company profits. The amount of [..]

A retirement plan under which the annual contributions made by the employer or employee are defined. Benefits may vary depending on the performance of the investments in the account.

In a defined contribution plan, contributions are allocated to individual accounts according to a pre-determined contribution allocation. This type of plan does not promise any specific dollar benefit to a participant at retirement. Benefits received are based on amounts contributed, investment performance and vesting. The most common type of defin [..]

Post-employment benefit plans under which ING pays fixed contributions into a separate entity (a fund) and will have no legal or constructive obligation to pay further contributions if the fund does n [..]

A corporate retirement plan, such as a 401(k) or 403(b) plan, where employees defer a percentage of their salaries and invest it for retirement.

A plan that does not promise a specific benefit amount at retirement. Instead, employers and/or employees contribute money to each employee's individual account in the plan. In many cases, employees are responsible for choosing how these contributions are invested and deciding how much to contribute from their paychecks through pretax deductio [..]

An employee benefit plan under which the employer sets up benefit accounts and contributions are made to it by the employer and by the employee. The employer usually matches the employee's contri [..]

A retirement plan under which the annual contributions made by the employer or employee are generally stated as a fixed percentage of the employee's compensation or company profits. The amount of retirement benefits is not guaranteed; rather, it depends upon the investment performance of the employee's account.

A pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit plan

A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. Individual accounts are set up for participants and benefit [..]