Cash or Deferred Arrangement
Definition
CODA. A qualified plan, usually part of a profit sharing or stock bonus plan, that gives an employee the option to contribute some of his/her salary to the plan. One example is a 401(k) plan. A participant in a CODA may still contribute to an IRA, although the contribution might not be deductible.
 Cite this definition
email to a friend
Related terms:
457 plan, nonelective contribution
Related Research Articles from the InvestorGuide.com University
403(B)
403(b) plans are retirement plans for certain kinds of tax-exempt employers. Learn about eligibility, fees and expenses and transferability of these plans.
IRAs
Thinking of starting an Individual Retirement Account, or looking for more information on one you already have set up? This article includes information on setting an IRA up, some common yet often confusing IRA terminology, converting an IRA, and rolling an IRA over.
SEP and SIMPLE Plans
Learn about Simplified Employee Pension Plans and Savings Incentive Match Plans for Employees. Includes information on how to contribute, who is eligible, and how withdrawals work from each.
Featured Sponsor
|
|
|
