A defined contribution plan in which the amount of contributions each employee receives from the employer is in proportion to that employee's wages. Unlike profit sharing plans, these contributions are mandatory every year, regardless of profits.
Related information about money purchase pension plan:
- Money-Purchase Pension Plan Definition | Investopedia
A pension plan to which employers and employees make contributions based on a percentage of annual earnings, in accordance with the terms of the plan.
- Money purchase pension plan | Retirement Dictionary
Mar 22, 2009 ... Money purchase pension plan. Last Updated ... Earnings in a money purchase pension plan accrue on a tax-deferred basis . Contributions and ...
- Money Purchase Pension Plan - Wells Fargo Advantage Funds
A Money Purchase Pension Plan allows your company to make annual contributions that are not tied to profits. In many ways it operates like a profit sharing plan ...
- AQPS - Money Purchase Pension Plan
MONEY PURCHASE PENSION PLAN. THE BASICS: The employer contributes a defined or fixed percentage of the participating employee's salary each year.
- Money Purchase Pension Plan Details - American Century
A retirement plan where employer contributions are based on a fixed percentage of compensation is called a Money Purchase Pension Plan.
- Money Purchase Pension Plan - OppenheimerFunds
OppenheimerFunds Retirement Services Plans That Work. Money Purchase Pension Plan. Summary Plan Description Booklet. For use with OppenheimerFunds ...
- Resource Benefits Administrators | Money Purchase Pension Plan
A money purchase pension plan is a qualified defined contribution plan established to be funded completely by employer contributions through a stated ...
- Money Purchase Pension Plans
A combination money purchase pension plan and profit sharing plan can limit ... In prior years, employers had to have both a money purchase pension plan and ...