Individual retirement account IRA, corporate
Acronyms
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Preferred Term
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Non-standard Terms
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Definitions
| Type | Definition | Sources |
|---|---|---|
| Asset | A qualified plan established by employers to which eligible employees may make salary deferral --salary reduction-- contributions on a post-tax and or pretax basis. Employers offering such plans --called 401k plans in the United States--may make matching or non-elective contributions to the plan on behalf of eligible employees and may also add a profit-sharing feature to the plan. Earnings accrue on a tax-deferred basis. (used 0 times in citations and controls) |
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Other Forms
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|---|---|
| None | |
Relationships
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Citations
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