active participant

Definition

An individual who participates in a retirement plan sponsored either by his/her employer or, if self-employed, by himself or herself. A person would be considered an active participant if his/her account balance in the retirement plan has received any contributions at all in a given year.

Use active participant in a sentence

You should always try to be an active participant in the work place to show others you are a hard worker.

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After starting her new job at the bank, Sheila became an active participant in the retirement plan that was available to the employees of the bank.

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Jenn was an active participant in the plan offered by her company and she was confident that as the years passed, she would be able to have a comfortable retirement.

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