contribution plan Antonyms
No Synonyms and anytonyms found
Meaning of contribution plan
contribution plan ()
A plan of distributing surplus by giving to each policy the excess of premiums and interest earned thereon over the expenses of management, cost of insurance, and the policy value at the date of computation. This excess is called the contribution of the policy.
contribution plan Sentence Examples
- The company offers a comprehensive retirement contribution plan to its employees, matching a percentage of their contributions.
- Before joining the organization, employees receive a thorough explanation of the company's contribution plan.
- A 401(k) contribution plan allows employees to save for retirement while benefiting from tax advantages.
- As part of the benefits package, employees have the option to enroll in a health savings account contribution plan.
- The university's faculty members are eligible for a tenure-track contribution plan, which includes research funding and professional development opportunities.
- The non-profit organization established a charitable contribution plan to encourage donations from supporters.
- The government introduced a matching contribution plan to incentivize citizens to save for higher education expenses.
- High-performing employees may qualify for bonuses as part of the company's performance-based contribution plan.
- The board of directors is responsible for overseeing the implementation of the organization's charitable contribution plan.
- By participating in a company's matching contribution plan, employees can accelerate their savings for future financial goals.
FAQs About the word contribution plan
A plan of distributing surplus by giving to each policy the excess of premiums and interest earned thereon over the expenses of management, cost of insurance, a
No synonyms found.
No antonyms found.
The company offers a comprehensive retirement contribution plan to its employees, matching a percentage of their contributions.
Before joining the organization, employees receive a thorough explanation of the company's contribution plan.
A 401(k) contribution plan allows employees to save for retirement while benefiting from tax advantages.
As part of the benefits package, employees have the option to enroll in a health savings account contribution plan.
