Active-Participant Status

(redirected from Active Participant Status)

Active-Participant Status

The state of belonging to an employer-sponsored retirement plan. One may have active-participant status in an IRA, 401(k), 403(b), or other, similar investment vehicles. An employer generally indicates an employee's active-participant status on the employee's W-2 form so the employee may take advantage of the tax benefits of the plan.
References in periodicals archive ?
Residents with identified restorative nursing needs who are awaiting active participant status receive short-effects restorative therapy (i.