Cash Or Deferred Arrangement - CODA
- Cash Or Deferred Arrangement - CODA
- The method of funding any type of qualified profit-sharing or stock bonus plan. Cash or deferred arrangements allow employees to contribute a portion of their salaries to the plan so that their savings can grow tax-deferred. The most common type of CODA is a cash bonus which is paid into their 401(k) plan, but it could also be a salary reduction.
Employees who participate in cash or deferred arrangements may still contribute to traditional or Roth IRAs as well. However, they may not receive the full deduction from a traditional IRA contribution if their incomes are above a certain level. CODA plans allow the individual to fund their retirement and avoid immediate taxation on the diverted contributions.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
CODA — Cash Or Deferred Arrangement (Business » Accounting) * Coordinadora de Organizaciones de Defensa Ambiental (International » Spanish) * Child Of A Deaf Adult (Medical) * Cash or Deferred Arrangement (401K) (Business » Accounting) * Central… … Abbreviations dictionary
CODA — cash or deferred arrangement договоренность об оплате наличными или отсрочке … Финансово-инвестиционный толковый словарь
performing arts — arts or skills that require public performance, as acting, singing, or dancing. [1945 50] * * * ▪ 2009 Introduction Music Classical. The last vestiges of the Cold War seemed to thaw for a moment on Feb. 26, 2008, when the unfamiliar strains … Universalium
literature — /lit euhr euh cheuhr, choor , li treuh /, n. 1. writings in which expression and form, in connection with ideas of permanent and universal interest, are characteristic or essential features, as poetry, novels, history, biography, and essays. 2.… … Universalium
