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

Separate Account Contract

A pension plan funding channel whereby the assets of the pension are invested through a separate account of the insurance company. This kind of insurance policy typically does not offer any guarantees as to investment performance. May also be known as an investment facility contract.

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Separate Account

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Separate Health Benefit Account (401(H))

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