A plan for setting aside funds from current income in appropriate investments with the expectation that money will accumulate and grow so that period withdrawals may be made during retirement. The term can also refer to the individual investment options offered to employees by employers.
A retirement plan provides retirement income, or it is a savings device in which contributions appreciate over time, with income taxes deferred until withdrawals are made when an employee reaches a certain age or takes money out before that time.
the retirement set work product that formally documents the full set of procedures necessary to end the operation of an application in a planned, orderly manner and to ensure that its software, hardware, and data components are properly archived or incorporated into other applications.
A Retirement Plan is an agreement on the part of management to provide a vehicle for the retirement income needs of employees. Such plans may be qualified or non-qualified for tax purposes. The two main types of retirement plans are DEFINED BENEIFT PLANS and DEFINED CONTRIBUTION PLANS.
A retirement plan is an arrangement to provide people with an income, or pension, during retirement, when they are no longer earning a steady income from employment. Retirement plans may be set up by employers, insurance companies, the government or other institutions such as employer associations or trade unions. Retirement plans are more commonly known as pension schemes in the UK and Ireland and superannuation plans in Australia.