Retirement Plans

  • 4 Posts
  • 1 Sections
  • 1 Types
August 18, 2024 6 min read Dictionary
Actual Deferral Percentage (ADP) and Actual Contribution Percentage (ACP) Tests
Retirement Plans Financial Regulations 401(k) ADP ACP Employee Benefits IRS
Understanding the importance and functioning of ADP and ACP tests in 401(k) plans.
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August 18, 2024 6 min read Dictionary
Defined-Benefit Plan
Retirement Plans Employee Benefits Defined Benefit Pension Plans Retirement Employee Benefits Financial Security
An employer-sponsored retirement plan that guarantees fixed retirement benefits for employees.
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August 18, 2024 6 min read Dictionary
Nonqualified Plan
Retirement Plans Employee Benefits Nonqualified Plan Retirement Savings Executive Compensation Tax-Deferred Employee Retention
A nonqualified plan is an employer-sponsored retirement plan that provides specialized benefits to select employees, primarily high-paid executives, while exempting the plan from certain ERISA guidelines.
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August 18, 2024 6 min read Dictionary
Teacher Retirement System (TRS)
Retirement Plans Education TRS Pensions Teachers Retirement Education Benefits
Understanding the Teacher Retirement System and its benefits for educators.
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