Plans – Page 14 – itho's internet resources

What It Is, How It Works, Limits

By Itho November 19, 2003

[ad_1] What Is an Elective-Deferral Contribution? An elective-deferral contribution is made directly from an employee's salary to their employer-sponsored retirement plan, such as a 401(k). With a 401(k) deferral, the employee must authorize…

What Is Estate Planning? Definition, Meaning, and Key Components

By Itho November 19, 2003

[ad_1] Task Considerations 1. Make a list of all your assets. Be sure to include any physical assets like real estate and sentimental items, along with any bank accounts, insurance…

Consolidated Omnibus Budget Reconciliation Act (COBRA) Definition

By Itho November 19, 2003

[ad_1] What Is the Consolidated Omnibus Budget Reconciliation Act (COBRA)? The Consolidated Omnibus Budget Reconciliation Act (COBRA) is a landmark federal law, passed in 1985, that provides for continuing group…

Chief Executive Officer (CEO): Roles and Responsibilities vs. Other Chief Roles

By Itho November 19, 2003

[ad_1] What Is a Chief Executive Officer (CEO)? A chief executive officer (CEO) is the highest-ranking executive in a company. A CEO's primary responsibilities include making major corporate decisions,…

Employee Retirement Income Security Act (ERISA) History, Purpose

By Itho November 19, 2003

[ad_1] What Is the Employee Retirement Income Security Act (ERISA)? The Employee Retirement Income Security Act (ERISA) is a federal law that protects the retirement assets of American workers. The…

Your Complete Guide to ESOs

By Itho November 19, 2003

[ad_1] What Is an Employee Stock Option? An employee stock option (ESO) is a type of equity compensation granted by companies to their employees and executives. Rather than granting shares…