Examlex
Virtualization:
Contract Holder
An individual or entity that owns an agreement or policy, particularly in contexts like insurance or investments.
AGI
Adjusted Gross Income, which is total income minus specific deductions, serving as a determinant for various tax credits and deductions.
Pension Plan
A type of retirement plan that typically provides retirees with a fixed payout upon retirement, funded by employer, employee contributions, or both during their employment years.
Coverdell Education
A savings account designed specifically for paying education expenses, with tax advantages, for a designated beneficiary.
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