💡 Words with a Similar Meaning to "Defined contribution plan"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| private pension | A private pension is a plan into which individuals privately contribute from their earnings, which then will pay them a pension after retirement. |
| employer matching program | In the United States, an employer matching program is an employer's potential payment to their 401(k) plan that depends on participating employees' contribution to the plan. |
| pension fundnoun | A pool of assets forming an independent legal entity that are bought with the contributions to a pension plan for the exclusive purpose of financing pension plan benefits. |
| annuitynoun | (insurance, pensions) A right to receive amounts of money regularly over a certain fixed period, in perpetuity, or, especially, over the remaining life or lives of one or more beneficiaries. |
| registered retirement savings plan | A registered retirement savings plan, or retirement savings plan, is a Canadian financial account intended to provide retirement income, but accessible at any time. |
| salarynoun | A fixed amount of money paid to a worker, usually calculated on a monthly or annual basis, not hourly, as wages. Implies a degree of professionalism and/or autonomy. |
| personal pensionnoun | (UK, pensions) A pension plan that is funded entirely by individual contributions rather than any employer contributions. |
| mutual fundnoun | (finance) A form of collective investment in which money from many investors is pooled and invested in stocks, bonds, short-term money market instruments, or other securities under the direction of a fund manager. |
| employee benefitnoun | A non-wage compensation provided to an employee in addition to his normal wage or salary. |
| 457 plan | a type of nonqualified, tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. |
| pensionnoun | (finance) An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes. |
| superannuationnoun | (UK, Australia, New Zealand) A retirement benefit fund, an accumulation of regular deductions from one′s wage or salary while employed and similar regular contributions from the employer, usually administered by an independent entity; a pension. |
| payrollnoun | A list of employees who receive salary or wages, together with the amounts due to each. |
| accrual bondnoun | A fixed-interest bond that is issued at its face value and repaid at the end of the maturity period together with the accrued interest. |
| vested interestnoun | A stake, often financial, in a particular outcome. |
| deferred compensation | an arrangement in which a portion of an employee's wage is paid out at a later date after which it was earned. |
| health savings account | A health savings account is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan. |
| full-time jobnoun | (idiomatic) An activity that consumes a great deal of time. |
| flexible spending account | In the United States, a flexible spending account, also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. |
| bond fund | A bond fund or debt fund is a fund that invests in bonds, or other debt securities. |
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