Learn about 401h trusts, a limited-use account to fund employee insurance costs post-retirement. Discover tax benefits and employer contribution limits.
Learn about Group Permanent Insurance, a plan that offers both retirement benefits and life insurance for groups. Understand its features, including equal premium usage.
Learn about Separate Accounts in the context of Pensions, Annuity, and Life Insurance. Understand how companies hold assets for participants in a variable contract, typically through a unit investment trust registered with the SEC.
Explore the concept of Life Annuity in the insurance domain, focusing on how it provides a lifelong income paid on a regular basis. Learn its benefits and key insights.
Explore the benefits and workings of Deferred Group Annuities, a group annuity contract that enables annual purchases of deferred annuities, ensuring retirement income.
Learn about installment refund annuities, a type of annuity that ensures benefit payments until the equivalent of the purchase price is paid out. Essential information for financial planning.
Explore the benefits and details of a noncontributory retirement plan, where the employer pays the full premium amount, ensuring a secure retirement for employees.
Learn about the Primary Insurance Amount (PIA), a crucial calculation used to determine social security benefits. Understand its significance in estate planning.
Explore the concept of a Refund Life Annuity, an annuity that ensures the same amount paid in by the insured is distributed as installment payments during their lifetime and to their beneficiary upon death.
Explore the concept of unfunded plans in pensions, which utilize a pay-as-you-go funding method, and understand their implications.
Learn how a conversion fund supplements life insurance or limited payment life policies to increase cash dispersed at retirement for a steady monthly income.
Learn about Elective Deferral Plans for pensions, where policyholders can defer present payments into a retirement plan, offering tax advantages and a streamlined path to retirement savings.
Learn about the 401k plan—a popular retirement savings option featuring employee contributions from pre-tax salary and potential employer matches. Find out how it helps secure your financial future.
Understand the deposit administration group annuity, a type of group agreement that establishes a deposit account before retirement, from which annuities are purchased post-retirement.
Discover the HR-10 Pensions, also known as the Keogh Act Plan. Learn how this retirement plan benefits self-employed individuals by providing tax advantages and retirement savings options.
Discover how a Profit Sharing Plan allows employees to share in company profits. Learn how these plans work, their potential tax benefits, and distribution options.
Deferred compensation in pensions allows employees to defer current payments until death, disability, or retirement, as agreed upon with the employer in a written statement. Learn the benefits and regulations.
Learn about the entry age in pensions, typically set at 65, which determines the eligibility of an employee to participate in a pension plan.
Learn about Uninsured Plans in pensions, which operate without being handled through an insurance product. Understand their implications and structure.
Learn about the year plan in pensions, including the differences between a fiscal and calendar year, and how plan records are maintained.
