词汇 | Defined Contribution Plan |
释义 | `1`Defined Contribution Plan `2` "Legal Lexicon": DEFINED CONTRIBUTION PLAN - Also called an individual account plan. A type of retirement plan in which the employer pays a specified amount of money each year, which is then divided among the individual accounts of each participating employee. Profit-sharing, employee stock ownership and 401(k) plans are all defined contribution plans. |
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