Definitions for "Payroll Deduction Plan" Add To Word List
Login or Register  | Word Lists | Search History

(1) See salary-reduction plan. (2) A premium payment method for individual insurance under which an individual's employer deducts the employee's premium amount from his or her paycheck and sends the premium to the insurer.----------[ Back
Helpful?           0
Arrangement between a fund, employer and employee to deduct a specified amount of money from the employee's salary to purchase shares in a fund.
Helpful?           0
An arrangement between an employer and a mutual fund, authorized by the employee, through which a specified sum is deducted from an employee's salary to buy shares in the fund.
Helpful?           0
An investing program by which an employee can invest in mutual funds of choice through deductions from each paycheck.
Helpful?           0
A payment method in which the employer deducts the PREMIUM from the individual employee''s paychecks and sends it to the insurer.
Helpful?           0
An arrangement that some employers offer employees to accumulate mutual fund shares. Employees authorize their employer to deduct a specified amount from their salaries at stated times and transfer the proceeds to the fund.
Helpful?           0