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Contribution plan |
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Con`tri`bu´tion plan
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| A: If you add one caveat--that you do want people to have enough income to retire--then you've got to do a defined contribution plan where the employer contributes in the neighborhood of 15 percent of pay in addition to whatever amount the employee contributes. The new defined contribution plan, effective from Jan. 402(g) (1) and (3)] Defined contribution plan annual addition [Sec. |
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