Pension | Definition

/ˈpenSHən/

a monetary | interest | unbanked | currency | altcoins | 529 plan | account | expense | economy | bitcoin | 401(k) | lender | wealth | return | grant | asset | check | fafsa | will | wage | fdic | bank | loan | bond | fund | spac | debt | atm | apr | definitionsfund that is used to support an employee's retirement, distributed through periodic payments, and based on the terms of the pension. Employers typically fund pensions during the time the employee is actively working.

Next word Uniform Gift to Minors Act Account (UGMA) | Definition ᐳ

Did You Know

The majority of pension holders today are public or government employees and unionized workers.

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