419-E WELFARE BENEFIT PLANS
Employer-sponsored employee welfare benefit plan providing various benefits to employees including life, health, long-term care, disability, and post-retirement medical. Under paragraph (e) of Section 419 of the Internal Revenue Code, it can be designed as either a target contribution or target benefit. The plan aims to give additional financial stability for employees during their retirement.
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Capital Accumulation
This talks about the earnings that a firm uses to raise its capital base. Capital accumulation includes gaining additional assets that can be used ...
Defined-Contribution Plan
A retirement plan where the percentage of money is set aside each year by the company for the benefit of their employees. There are restrictions as ...
Unscheduled Recast
Unscheduled Recast is a recomputation of remaining loan amortization schedule that is not scheduled. Some loans have contractual terms that when tr ...
Recompense
The act of giving a target person or entity some form of monetary benefit as a result of performing some action or some action happening to the tar ...
Tortoise Rally
Slow and steady appreciation of market prices through time. This is more beneficial to long-term retail investors since they enjoy steady gains fro ...
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