What is a pension plan?

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A pension plan is a type of retirement plan, usually tax exempt, wherein an employer makes contributions toward a pool of funds set aside for an employee's future benefit. ployees or their beneficiaries after retirement.

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Asked 10/10/2010 5:26:11 PM

Updated 6/8/2014 9:42:52 PM

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This answer has been confirmed as correct and helpful.

Edited by yumdrea [6/8/2014 9:42:50 PM], Confirmed by yumdrea [6/8/2014 9:42:52 PM]

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