Cash Or Deferred Arrangement - CODA
 |
Definition of '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.
|
 |
Investopedia explains 'Cash Or Deferred Arrangement - CODA'
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.
|
Search results for 'Cash Or Deferred Arrangement (CODA)'
-
http://www.investopedia.com/university/retirementplans/qualifiedplan/qualifiedplan1.asp
... to the plan. This arrangement is commonly referred to as a cash or deferred
arrangement (CODA). Contributions deferred by employees ...
-
http://www.investopedia.com/university/retirementplans/qualifiedplan/qualifiedplan3.asp
... 401(k) Plans A qualified plan can include a cash or deferred arrangement (CODA)
under which employees can choose to have part of their before-tax compensation ...
|
|
