Cash-balance plan

A defined Benefit retirement plan characterized by an annual Contribution made by the employer for each enrolled employee. Once deposited, funds accrue Interest.

Related Terms: 7 ACH, Benefit, Contribution, Fund, FIN, Interest, Retire

Other Related Pages: Category: Retirement Starting With: C

Additional Related Terms: 12b-1 funds, 401(k) plan, 403(b) plan, 457 plan, Allowance for depreciation, ACH, Automatic Funds Transfer, Accrued interest, All or any part, Automatic reinvestment plan