Examlex
When you encrypt a database, data within the database is made unusable.
Tax-Deductible
Expenses that can be subtracted from one's taxable income, effectively reducing the tax liability.
SIMPLE Plan
Savings Incentive Match Plan for Employees, a type of tax-deferred employer-provided retirement plan that allows small businesses to set aside money and invest it for employees.
Vested
A status where an employee has earned the right to keep benefits, often pertaining to retirement plans, regardless of employment status.
Pension Plan
A retirement plan that requires an employer to contribute to a pool of funds set aside for an employee's future benefit.
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