Examlex
What are biometrics?
Pension Plan
A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.
IRA Contribution
Money placed into an individual retirement account (IRA) that may qualify for tax deductions or other tax advantages.
AGI
Adjusted Gross Income; a determinant of tax liability calculated by adjusting gross income for certain allowable deductions.
Qualified Pension Plan
A retirement plan that meets the requirements set by the Internal Revenue Code, thereby offering tax benefits such as tax-deferred growth on earnings and deductible contributions for the employer.
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