Examlex
Discuss the three prominent reasons of why youths join gangs.
Projected Benefit Obligation
The present value of all benefits attributed by the pension benefit formula to employee service rendered up to that date.
Defined Benefit Plan
A Defined Benefit Plan is a type of pension plan where the benefits that the employee will receive upon retirement are defined based on a formula involving salary history and years of service.
Internal Revenue Code
The codified collection of U.S. tax laws encompassing various rules for income, payroll, gift, estate, and excise taxes.
Taxable
Subject to taxation; refers to income, assets, or financial transactions that are liable to be taxed by governmental jurisdictions.
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