Alternate payee

An individual who is recognized as having a Right to receive some or all of the benefits under a Qualified retirement plan if the plan holder does not or cannot collect. Usually a spouse, former spouse, child, or other Dependent.

Related Terms: 8 Benefit, Dependent, ITS, Qualified retirement plan, Qualified, Recognize, Retire, Right

Other Related Pages: Category: Retirement Starting With: A

Additional Related Terms: 10-Q, 401(k) plan, 403(b) plan, 457 plan, Allowance for depreciation, Accrual of discount, Amortization of premium, All or any part, Automatic reinvestment plan, Accelerated benefits