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Annual Addition |
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Annual Addition In a defined-contribution plan, the maximum contribution an annuitant may make to a qualifying retirement account per year. The annual addition is usually the lesser amount of a percentage of income or a certain dollar amount, the latter of which is indexed to inflation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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