Pension Plan Definition

pĕnshən
noun
An arrangement for paying a pension to an employee, especially one funded fully or in large part by an employer.
American Heritage
Synonyms:
  • retirement program
  • retirement account
  • retirement savings account
  • retirement savings plan
  • retirement plan
  • pension account

Pension Plan Sentence Examples

  • A pension annuity is used to convert capital within a pension plan into a regular guaranteed lifetime income.

  • Instead, an option, called income drawdown, lets you take an income directly from your personal pension plan.

  • A free home owner insurance quote foreign place canada pension plan here out of.

  • Money placed in a properly structured pension plan is tax deductible and the funds grow tax-free for retirement.

  • For example, if you've been a stay-at-home mom for the majority of your marriage, you may want alimony or a portion of your husband's pension plan.

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Words Starting With

PPEPEN

Words Ending With

NANLAN

Unscrambles

pension plan

Words Starting With P and Ending With N

Starts With P & Ends With NStarts With PE & Ends With NStarts With P & Ends With AN

Word Length

12 Letter Words12 Letter Words Starting With P12 Letter Words Ending With N