702(J) Retirement Plan A 702(J) Retirement Plan, also known as a 702 or 7022 Account, is basically life insurance named after Section 7702 of the U.S. Internal Revenue Service (IRS) Tax Code.
Semi-retired Semi-retired refers to someone who has retired or left a job but appears to be working part-time or in a remote capacity. It is a typical retirement pastime in which...
Materials requirements planning (MRP) Materials requirements planning (MRP) is a computerized forecasting system used to plan the ordering of parts and materials for
Laissez-Faire Leadership Laissez-Faire Leadership is a type of supervision in which the manger avoids power and responsibility by giving assignments and support but
SIMPLE retirement plan SIMPLE retirement plan is a qualified retirement plan for smaller employers who are exempt from most nondiscrimination and
Minimum coverage requirement Minimum coverage requirement is a test that must be met to prevent employers from establishing a qualified pension plan that covers only
Minimum distribution requirements Minimum distribution requirements are a provision in the income tax code that requires plan distributions from qualified retirement plans to start no later than April 1 of the calendar year following the year in
Individual Retirement Account (IRA) Individual Retirement Account (IRA) refers individual retirement plan that can be established by a person with earned income. An IRA plan
Full retirement age Full retirement age at which full unreduced retirement benefits are payable to beneficiaries under the Social Security program.
Fire legal liability Fire legal liability of a firm or person for fi re damage caused by negligence and damage to property of others.
Definition
[ n.]