Qualified Annuity — An financial product that accepts and grows funds, and is funded with pre tax dollars. Qualified is a descriptor given by the Internal Revenue Service (IRS) to indicate that the qualified annuity may be eligible for tax deduction. When a… … Investment dictionary
qualified institutional buyer — (QIB) Investors eligible to participate in the Rule 144A market under the US Securities Act of 1933. Persons that fall within the specific categories outlined in Rule 144A include institutions that own and invest on a discretionary basis at least … Law dictionary
Qualified domestic relations order — A Qualified domestic relations order or QDRO is a legal order subsequent to a divorce or legal separation that splits and changes ownership of a retirement plan to give the divorced spouse their share of the asset or pension plan. QDROs may grant … Wikipedia
Plan de Sánchez massacre — The Plan de Sánchez massacre took place in the Guatemalan village of Plan de Sánchez, Baja Verapaz department, on 18 July 1982. Over 250 people (mostly women and children, and almost exclusively ethnic Achi Maya) were abused and murdered by… … Wikipedia
Plan of salvation — According to doctrine in several sects of the Latter Day Saint movement, the plan of salvation (also known as the plan of happiness) is a plan that God created to save, redeem, and exalt humankind. The elements of this plan are drawn from various … Wikipedia
529 plan — A 529 plan is a tax advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary. Overview 529 plans are named after section 529 of the Internal Revenue Code … Wikipedia
Defined-Benefit Plan — An employer sponsored retirement plan where employee benefits are sorted out based on a formula using factors such as salary history and duration of employment. Investment risk and portfolio management are entirely under the control of the… … Investment dictionary
457 plan — The 457 plan is a type of tax advantaged defined contribution retirement plan that is available for governmental and certain non governmental employers in the United States. The employer provides the plan and the employee defers compensation into … Wikipedia
401(k) Plan — A qualified plan established by employers to which eligible employees may make salary deferral (salary reduction) contributions on a post tax and/or pretax basis. Employers offering a 401(k) plan may make matching or non elective contributions to … Investment dictionary
457 Plan — A non qualified, deferred compensation plan established by state and local governments and tax exempt governments and tax exempt employers. Eligible employees are allowed to make salary deferral contributions to the 457 plan. Earnings grow on a… … Investment dictionary
