KSOP
(US) A retirement benefit in which a company combines an ESOP and a 401(k).
Definitions
(US) A retirement benefit in which a company combines an ESOP and a 401(k).
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Semantically related
- ESOP65%
(by extension) a company that implements such a plan.
- 401(k)60%
(US) A tax-qualified, defined-contribution pension account.
- defined benefits51%
(UK, pensions) Describing a pension scheme in which an employer agrees to provide a pension payment or lump sum on retirement that is predetermined based on the employee's length of service, earnings history and age.
- retirement annuity plan50%
(UK, pensions) A retirement annuity contract.
- benefit corporation48%
(US) A kind of corporate entity that seeks to have a positive impact on society and environment in addition to making profit.