Sentences with phrase «substantial plan contributions»

Not exact matches

In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 2075.

Substantial maximum contributions are permitted (over $ 300,000 per beneficiary in many state plans) and, generally, there are no income limitations or age restrictions

It is a plan that enables sole proprietors to make substantial pre-tax salary deferrals and profit sharing contributions.

«The alternative tolling policies of the Move NY plan do not fully close the gap, but make a substantial contribution,» reads the report.

When earnings from 529 contributions accrue over long time periods as they do, for example, when parents establish and fund a 529 plan when their child is young and begin to draw it down when that child enters college, the financial benefit of exemption from federal taxes can be substantial.

Schools must make a substantial contribution to the pension plan each year; this year, it's 25.5 percent of the employee's salary.

Profit - sharing plans: Type of corporate retirement plan in which contributions are made out of net profits, either based on a precise formula or merely made in substantial and systematic way.

Minuses: If you came out of school with larger than average student loan debts you're probably still paying them off and not a position to make substantial contributions to your retirement plan.

«This planned acquisition adds a unique asset class to our very substantial fixed income business and gives us the opportunity to manage assets in the defined contribution market.

If that is the plan, are there specific foundation grants or other substantial initial individual contributions that have made this possible?

«I believe our past accomplishments and plans for the future merit such a substantial contribution,» Smith wrote in his letter to Thomas J. Borelli.