Examples of Savings Plans in a sentence
The Corporation and its subsidiaries each maintain one or a combination of defined benefit pension plans and defined contribution pension plans, including group Registered Retirement Savings Plans and group 401(k) plans, for employees.
College and Medical Care Savings Plans – many jurisdictions have college savings plans (for example, in the US these plans are referred to as “529” plans) or medical savings account plans that provide a tax-advantaged means of investing for future college expenses or paying for medical expenses.
Prior to a Change of Control, the Executive's entitlement to participate in the Savings Plans shall be determined in accordance with the Corporation's regular practice.
This provision shall apply to any Special Severance Executive who is a member of any of the Savings Plans at any time during such three (3) year period.
This includes 529 College Savings Plans that only invest in unaffiliated open-end mutual funds.