Definition of "Pension trust"

Susan Welsh real estate agent

Written by

Susan Welshelite badge icon

Long & Foster Real Estate, Inc.

Provision that funds a tax-qualified plan. Trust funds are the oldest, and still the most common, method of funding pensions. All contributions made by employer and employees are deposited into a trust fund, with a trustee responsible for investing the money, administering the plan, and paying benefits.

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