retirement terms

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Across
  1. 1. Benefits: Benefits (compensation in addition to salary) that may be provided
  2. 5. A federal program that provides some level of health benefits for people
  3. 9. age 65 or who collect Social Security for [OR INSTEAD OF FOR?] disability.
  4. 10. Benefit Plan: A pension plan in which the amount of benefits paid to an
  5. 11. these funds without penalties.
  6. 13. IRA, the contributions are not tax deductible
  7. 15. money is set aside each year (by either the company and/or the employee) for the
  8. 18. A sum of money paid regularly as a retirement benefit; money paid under
  9. 19. include payment of hospital and medical expenses.
  10. 21. employees for sickness, accidental injury, or accidental death. These benefits
  11. 22. Security: A federal benefits program developed in 1935, Social Security is
  12. 23. A type of defined contribution retirement account funded through pre-tax
Down
  1. 2. after retirement is fixed in advance in accordance with a formula given in
  2. 3. plan.
  3. 4. of the employee. There are restrictions as to when and how you can
  4. 6. a limited amount of money toward retirement annually. Unlike the
  5. 7. (Individual Retirement Account): A special type of account that allows investors
  6. 8. Contribution Plan: A pension plan wherein a certain amount or percentage
  7. 12. IRA: Roth IRAs allow investors who do not exceed a specific income level to
  8. 14. make tax-deductible contributions.
  9. 16. through a tax levied on employers and employees.
  10. 17. conditions to a person following retirement or to surviving dependents.
  11. 18. deductions. The funds in the account can be invested in a number of different
  12. 20. bonds, mutual funds or other assets, and are not taxed until they are