Simplified Employee Pension - SEP (Simplified Employee Pension IRA) — A retirement plan that an employer or self employed individuals can establish. The employer is allowed a tax deduction for contributions made to the SEP plan and makes contributions to each eligible employee s SEP IRA on a discretionary basis.… … Investment dictionary
Ira Rennert — Ira Leon Rennert (born 1934 in Brooklyn, New York) is the billionaire founder of Renco Group. Rennert is known for his palatial house in the Hamptons, the mixed environmental record of his firm The Renco Group, the battles he has fought with… … Wikipedia
pension — [n] benefits paid after retirement allowance, annuity, gift, grant, IRA*, payment, premium, retirement account, reward, social security, subsidy, subvention, superannuation, support; concepts 332,344 … New thesaurus
Pension Protection Act of 2006 — The Pension Protection Act of 2006 ( [http://frwebgate.access.gpo.gov/cgi bin/getdoc.cgi?dbname=109 cong public laws docid=f:publ280.109 Pub. L. 109–280] ), 120 Stat. 780, was signed into law by U.S. President George W. Bush on August 17,… … Wikipedia
IRA — abbr. Irish Republican Army. * * * noun 1. a militant organization of Irish nationalists who used terrorism and guerilla warfare in an effort to drive British forces from Northern Ireland and achieve a united independent Ireland • Syn: ↑Irish… … Useful english dictionary
ira — abbr. Irish Republican Army. * * * noun belligerence aroused by a real or supposed wrong (personified as one of the deadly sins) • Syn: ↑wrath, ↑anger, ↑ire • Derivationally related forms: ↑angry (for: ↑anger), ↑ … Useful english dictionary
IRA Required Minimum Distributions — Required Minimum Distributions, often referred to as RMDs, are amounts that the federal government requires you to withdraw annually from traditional IRAs and employer sponsored retirement plansLifetime DistributionsAmericans with IRA plans are… … Wikipedia
pension plan — noun a plan for setting aside money to be spent after retirement • Syn: ↑pension account, ↑retirement plan, ↑retirement savings plan, ↑retirement savings account, ↑retirement account, ↑retirement program • Hypernyms: ↑ … Useful english dictionary
Pension Protection Act Of 2006 - PPA — An act of legislation that makes a large number of reforms to U.S. pension plan laws and regulations. This law made several pension provisions from the Economic Growth and Tax Relief Reconciliation Act of 2001 permanent, including the increased… … Investment dictionary
IRA — ( individual retirement account) A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax deferred. Bloomberg Financial… … Financial and business terms