Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Section 401(K) Plan

In the United States, a deferred profit sharing or stock-bonus plan permitting participants to decide the extent to which their compensation is deferred. Contributions of participants are not taxable until that time when the funds are withdrawn. Contributions of sponsor and investment earnings are also tax-deferred. Also known as Cash or Deferred Arrangement (CODA).

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Section 403(B) Plan

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