Definition
A company retirement plan, such as a pension plan, in which a retired employee receives a specific amount based on salary history and years of service, and in which the employer bears the investment risk. Contributions may be made by the employee, the employer, or both.
This content can be found on the following page:
http://www.investorwords.com/cgi-bin/getword.cgi?id=1374&term=defined%20benefit%20plan
email to a friend
print this definition
cite this definition
link to this page
Copy and paste this HTML in your website to link to this page
'defined benefit plan' appears in the definitions of these other terms on BusinessDictionary.com: career earnings formula, defined benefit formula, defined benefit pension plan, career average benefit formula, career average formula, and 
Related Research Articles from the InvestorGuide.com University
Roth IRA
Not satisfied with a typical IRA? Learn all you need to know about Roth IRAs, including information on contributions, withdrawals, conversions, distributions, and recharacterizations.
Estate Planning
Provides a guide to the estate planning process. Includes information on wills, living trusts, irrevocable trusts, and future healthcare decisions.
Types of Retirement Plans
There are almost too many retirement plans to keep track of. Here we explain them all. Government-sponsored plans, personal plans, annuities, employer-sponsored plans, qualified and non-qualified plans, defined-benefit and defined-contribution plans, pensions, 457 plans, and more.
|
|
