All > Business > Finance > Personal Finance
An arrangement in which an employee places pre-tax earnings into a tax deferred retirement account that a state or local government employer or non-profit organization creates and maintains. Plans generally offer limited choices of funds in which to invest.
- Browse Related Terms: 403(b) Plan, Central Registration Depository (CRD), Conduit IRA, Funds Receivable, Guaranteed investment contract (GIC), IRA rollover, Plan administrator, Plan provider, Plan sponsor, Rollover, Rollover IRA, transfer