Money-Purchase Provisions

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Dictionary Says

Definition of 'Money-Purchase Provisions'

The terms of a registered pension plan that detail the specific amounts that an employer and employee contribute to the plan. The amounts may be stated in dollars or percentages. The provisions of the pension plan states the maximum amount of the employee's contribution that  can be matched by the employer. Money-purchase provisions for registered plans must fall under the governing requirements outlined by the Government of Canada
Investopedia Says

Investopedia explains 'Money-Purchase Provisions'

Aside from the government's requirements that the money-purchase provisions must meet, the company offering the registered pension plan also adds its own terms that an employee must follow to qualify for the employer's matching contributions.
Search results for

'Money-Purchase Provisions'

  • Can You Deduct Your IRA Contributions?

    http://www.investopedia.com/articles/retirement/05/032305.asp
    ... Under the provisions of the ABC money-purchase pension plan, employees' contributions
    are 100% vested after working three years - no vesting occurs before then ...

  • 401(k) And Qualified Plans: Types Of Plans | Investopedia

    http://www.investopedia.com/university/retirementplans/qualifiedplan/qualifiedplan1.asp
    ... Under the provisions of the plan, John will receive $710 for 10 years, that ... employee
    stock ownership plan (ESOP), a 401(k) plan or a money-purchase pension plan ...

  • Business Owners: A Guide To Qualified Retirement Plan Loans

    http://www.investopedia.com/articles/retirement/03/071603.asp
    ... be allowed from qualified plans, such as profit-sharing plans, money-purchase pension
    plans ... 3. The loan is made in accordance with specific provisions set forth ...

  • Series 66 Study Guide - Special Issues for Retirement Plans ...

    http://www.investopedia.com/exam-guide/series-66/retirement-plans/qualified-retirement-plans.asp
    ... Money purchase pension plan - This requires the employer to contribute a set
    percentage of salary each year regardless of corporate profits. ...

  • Pension Protection Act Of 2006 Becomes Law

    http://www.investopedia.com/articles/retirement/06/ppa2006.asp
    ... The following describes some of these provisions: Increases contribution limits
    to ... This negates the need for employers to adopt money purchase pension plans ...

  • Tough Times: Should You Dip Into Your Qualified Plan?

    http://www.investopedia.com/articles/retirement/03/043003.asp
    ... 6. In-Service Withdrawal: Unless the plan is a money-purchase plan, it may ... to every
    participant, is a document that explains the plan provisions in layman's ...

  • 401(k) Plans For The Small Business Owner

    http://www.investopedia.com/articles/retirement/03/100803.asp
    ... to check with your financial services provider regarding the provisions of the ... Profit
    Sharing or Money Purchase Pension Plan, Not Allowed, 25% of compensation or ...

  • My husband left his ex-wife as his retirement plan beneficiary. ...

    http://www.investopedia.com/ask/answers/08/retirement-plan-to-ex.asp
    ... Some state laws include similar provisions. If the account is a qualified plan,
    such as a profit sharing, money purchase, or defined benefit plan, the ...

  • An Estate Planning Must: Update Your Beneficiaries

    http://www.investopedia.com/articles/retirement/03/031803.asp?partner=aol-d
    ... part of your estate and generally not governed by the provisions of your ... For qualified
    plans - such as profit-sharing plans, 401k, money purchase pension plans ...

  • Series 65 Study Guide - Retirement Plans - Qualified Retirement ...

    http://www.investopedia.com/exam-guide/series-65/retirement-plans/qualified-retirement-plans.asp
    ... Money purchase pension plan - this requires the employer to contribute a set percentage
    of salary each year regardless of corporate profits. Look Out! ...

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