Similar to a defined benefit plan thanks to contributions being made based on the amount of retirement benefits that will be paid out. The main difference for this type of plan is that the benefits of the investment are not guaranteed like they are with a defined plan.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser