Defined Contribution Plan

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Definition:
A Defined Contribution Plan is a company retirement plan funded by a specified annual contribution made by the employer, in which funds are invested in a variety of invesment vehicles. For some plans, employee's can elect to make contributions into their individual accounts. Future benefits are based on total contributions made and performance of investments.

Related Concepts:

Annuity
Deferred Compensation
IRA
 

Available Positions Related to Defined Contribution Plan:

Alternative Investments jobs

Asset & Investment Management jobs

 

Relevant Functional Areas:
Alternative Investments
Asset Management
Fund Accounting & Administration
Pension Funds
 

Related Job Titles:
Investment Strategist
Fund Administrator
Portfolio Manager
 

Synonyms:
DC Plan
 

 

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