A pension plan, usually a defined contribution or profit-sharing plan, which generates a separate account for each person in the plan. The benefits generated are based on the amount within each individual account, as well as the gains and losses.
The Rantings of the barely human.
A pension plan, usually a defined contribution or profit-sharing plan, which generates a separate account for each person in the plan. The benefits generated are based on the amount within each individual account, as well as the gains and losses.