InvestorWords.com

advance funded pension plan


Definition

A retirement plan option that allows an employee to set aside assets before retirement as long as the contributions follow the delegated schedule and regulations set forth by the pension plan. This type of pension plan is usually entitled to the same benefits that a regular pension plan would receive.


Related Videos




Search for another term


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z