To put monies into a retirement plan in which the sponsor of the plan buys annuity or life insurance contracts on behalf of each participant. The insurance company guarantees a specific benefit to each retiree.
The Rantings of the barely human.
To put monies into a retirement plan in which the sponsor of the plan buys annuity or life insurance contracts on behalf of each participant. The insurance company guarantees a specific benefit to each retiree.