Noninsured Plan

Noninsured Plan

A defined-benefit pension plan on which payments are not guaranteed by a third party, such as an insurance company or a government.
References in periodicals archive ?
Employee taxation of benefits provided under employer's noninsured plan.
The following exhibits illustrate the estimated comparative maximum contributions and deductions that may be allocated to a business owner in an insured or noninsured plan based on the owner's age at inception of the plan.
Unfortunately, the regulations do not specifically allow such self-employed individuals to rely on these rules.(40) These taxpayers should be made aware of the tax risk associated with a noninsured plan.