What PENSION means: Payments made periodically of (generally) a definite amount for a specified period (usually life) from an employer-funded plan to workers who have met the stated requirements. Its primary purpose is to provide retirement income.
- Definition Passive Income:
- Dictionary Passive income is income from business activities in which the taxpayer does not materially participate, and most rental activities. See also Material Participation and Portfolio Income pension definition.
- Definition Principal Payments:
- Dictionary The portion of a loan payment that reduces the outstanding balance of the loan pension explain.
- Definition Portfolio Income:
- Dictionary Portfolio income is not passive income for the passive loss rules. Portfolio income includes dividends, interest, capital gains from property that produces portfolio income, and royalties pension what is.
- Definition Personal Property:
- Dictionary Generally, all property other than real estate pension meaning.
How works Pension meaning in Tax definitions P .
