Plan provider
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Plan Provider
In IRAs and other retirement accounts, the investment company that manages the plan. That is, a brokerage that invests an IRA on behalf of its contributor is the plan provider for that account. A plan provider may be a brokerage, insurance company, mutual fund, or any other investment company.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Plan provider.
The plan provider of a retirement savings plan, such as a 401(k), 403(b), or 457 plan, is the mutual fund company, insurance company, brokerage firm, or other financial services company that creates, sells, and manages the plan your employer selects.
Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.