Examlex
Give an explanation of a savings shift.
Future Salary Amounts
Projections or estimates of salary payments to be made in the future, often used for budgeting or compensation planning.
Beginning Balance
The amount of money in an account at the start of a new financial period.
Plan Assets
Assets that are held by a retirement plan, pension scheme, or other fund that are specifically set aside to pay retirees or fund future retirements.
Employer's Contribution
The amounts paid by an employer towards employee benefits, such as pension plans, health insurance, and social security.
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