Inducement To Establishment Of Pension Plans

Definition of "Inducement to establishment of pension plans"

Rick  Buntenbach real estate agent
Rick Buntenbach, Real Estate Agent RE/MAX Realty PLus II

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.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions