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Money-Purchase Pension Plan
(redirected from Money Purchase Pension Plan)

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Money-Purchase Pension Plan
A defined contribution pension in which an employer must contribute an amount equal to a certain percentage of the employee's compensation, usually 25%. While the amount of employer contribution is fixed, the amount of benefit is not. There are also penalties associated with receiving payments from the pension before retirement. These contributions are tax-deductible for the employer and guarantee the employee a certain amount of principal in the pension plan.
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Ivy also offers an R-share class in selected funds, providing more flexibility and choice to smaller companies that offer employer-sponsored retirement plans, including 401(k), profit-sharing and money purchase pension plans, defined benefit plans and nonqualified deferred compensation plans.
Ivy Funds Assets Hit $20 Billion by PR Newswire
In a change designed to increase employee flexibility, the act permits defined benefit and money purchase pension plans to make distributions to active employees who have reached age 62.
Pension law means changes ahead for retirement plans by Chamberlain, Douglas R. / New Hampshire Business Review
The survey summarizes the most popular components of investment policy statements for defined benefit plans, 401(k) plans, money purchase pension plans, 403(b) plans, and welfare plans.
Survey shows almost all employers have a written pension investment ... by Government Finance Review
 
 
 
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