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.
40) These taxpayers should be made aware of the tax risk associated with a noninsured plan.