Examlex
A mutual fund with a high 12(b)-1 fee will have a low expense ratio.
Expected Return
The predicted average return on an investment over a given period, factoring in the probabilities of all possible outcomes.
Defined Benefit Plans
A type of pension plan where the benefits that an employee will receive on retirement are calculated based on factors such as salary history and length of employment.
Defined Contribution Plan
A type of retirement plan where the amount of the employer's annual contribution is specified, with the final benefits received by the employee depending on the investment's performance.
Ultimate Pension Payments
The total amount of pension payments that will be made to an employee under a defined benefit pension plan over the course of their retirement.
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