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 Pensions:
- Dictionary A pension is a definitely determinable series of payments received from an employer-provided plan after the employee retires pension definition.
- Definition Production Taxes:
- Dictionary Taxes levied by state governments on the value or quantity of production or extraction of natural resources pension explain.
- Definition Penalties:
- Dictionary amounts that the IRS may assess at a statutory rate as an addition to a tax deficiency and interest. The tax Code provides for penalties for various infractions, such as underpayment of estimated tax pension what is.
- 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 meaning.
How works Pension meaning in Tax definitions P .
