Individual Policy Pension Trust

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Definition: Individual Policy Pension Trust

Individual Policy Pension Trust
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Full Definition of Individual Policy Pension Trust

A type of pension plan, frequently used for small groups, administered by trustees who are authorized to purchase individual level premium insurance policies or annuity contracts for each member of the plan. The policies usually provide both life insurance and retirement benefits.

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Page URL
https://payrollheaven.com/define/individual-policy-pension-trust/
Modern Language Association (MLA):
Individual Policy Pension Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 18, 2024 https://payrollheaven.com/define/individual-policy-pension-trust/.
Chicago Manual of Style (CMS):
Individual Policy Pension Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/individual-policy-pension-trust/ (accessed: December 18, 2024).
American Psychological Association (APA):
Individual Policy Pension Trust. PayrollHeaven.com. Retrieved December 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/individual-policy-pension-trust/

Definition Sources

Definitions for Individual Policy Pension Trust are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.