Inducement To Establishment Of Pension Plans


Definition of "Inducement to establishment of pension plans"

Serena LoPiccolo-Smith real estate agent
Serena LoPiccolo-Smith, Real Estate Agent The INSPIRE Team of Keller Williams Cape Cod & the Islands

Circumstances that encourage the organization of pension plans by employers. For example, employer contributions are tax deductible as business expenses and not currently taxable income to employees. Pensions also help attract employees, maintain employee loyalty, and help improve the image of a business firm in its community.

 

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