TBP

(redirected from Target Benefit plan)
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AcronymDefinition
TBPTo Be Provided/Published
TBPThe Pirate Bay (bittorrent tracker)
TBPThe Book Partnership (UK)
TBPTATA-Box-Binding Protein
TBPTau Beta Pi (National Engineers Honors Society)
TBPThe Big Pink (band)
TBPTransaction Backout Program
TBPToyota Bank Polska (Poland)
TBPThe Babylon Project
TBPThe Black Parade
TBPToyota Business Practice (vehicles)
TBPTo Be Produced
TBPThe Burning Process
TBPTo Be Printed
TBPTributylphosphate
TBPTarget Benefit Plan (pensions)
TBPTelephone Bill Payment
TBPTrue Boiling Point
TBPTransferrin Binding Protein
TBPTertiarybutylphosphine
TBPTo Be Proposed
TBPTo Be Precise
TBPTampa Bay Partnership (Tampa, FL)
TBPTechnical Background Paper (various organizations)
TBPTumbes, Peru - Tumbes (Airport Code)
TBPTuberculose Pulmonaire (French: Pulmonary Tuberculosis)
TBPTeddy Bear's Picnic (song)
TBPThyroxine-Binding Protein
TBPTalking Book Productions (New York, NY)
TBPTotal Body Pain
TBPTotal Base Percentage (baseball statistic; no longer used)
TBPTime Broadcast Pulse
TBPTetra-Butyl Phosphene
TBPTawas Bay Players (Tawas City, MI)
TBPTribattery Pops (New York)
TBPTriangulation-Based Positioning
TBPTurkiye Birlik Partisi
TBPTotal Bollard Pull (boating)
TBPThree Bays Preservation, Inc. (Osterville, MA)
References in periodicals archive ?
Under a target benefit plan, there are fixed contribution rates and targeted future pension benefits; however, the targeted amount is not guaranteed (Steele, 2016).
Aon Hewitt is releasing its 2nd Guide, Unpacking the Target Benefit Plan: Finding the Right Benefit/Funding Balance.
Types Of Qualifier Retirement Plans Defined Contribution Defined Benefit page page Pension Money Purchase 390 Defined Benefit 391 Pension Plan Pension Plan Target Benefit Plan 390 Cash Balance 392 Pension Plan 412(i) Plan 393 Profit Profit Sharing Plan 394 n/a Sharing 401(k) Plan 395 Stock Bonus Plan 397 ESOP 398 Age-Weighted Profit 399 Sharing Plan Saving/Thrift Plan 400 Money Purchase Pension Plans
Generally, a target benefit plan will be deemed to meet the "nondiscrimination in amount" requirement if: (1) it satisfies uniformity requirements with respect to normal retirement age and allocation formula (Social Security retirement age will be treated as a uniform retirement age; (1) (2) it provides a stated benefit formula that complies with one of the defined benefit plan safe harbors that uses the fractional accrual rule; (3) employer contributions are determined under an individual level premium funding method specified in the regulations, based on an employee's stated benefit and "theoretical reserve"; (4) employee contributions (if any) are not used to fund the stated benefit; and (5) the stated benefit formula satisfies Treas.
* If a target benefit plan contains a target formula, such as 30 percent of compensation, that is identical to the benefit formula in a defined benefit plan,
A target benefit plan is a type of money purchase plan (see above).
A target benefit plan is a money purchase pension plan under which contributions to an employee's account are determined by reference to the amounts necessary to fund the employee's stated benefit under the plan.
Types Of Qualified Retirement Plans * Defined Contribution Defined Benefit Pension Money Purchase Pension Defined Benefit Pension Plan [478] Plan [401] Target Benefit Plan [553] Cash Balance Pension Plan [370] 412 (i) Plan [286] Profit Profit Sharing Plan [501] Sharing 401(k) Plan [278] Stock Bonus Plan [548] n/a ESOP [413] Age-Weighted Profit Sharing Plan [363] Savings/Thrift Plan [531] * Numbers in brackets [] indicate page numbers.
Types Of Qualified Retirement Plans Defined Contribution Defined Benefit page page Pension Money Purchase 390 Defined Benefit 391 Pension Plan Pension Plan Target Benefit Plan 390 Cash Balance 392 Pension Plan 412(i) Plan 393 page Profit Profit Sharing Plan 394 Sharing 401(k) Plan 395 Stock Bonus Plan 397 ESOP 398 n/a Age-Weighted Profit 399 Sharing Plan Saving/Thrift Plan 400 Qualified Plans Checklist Element Limitations Eligibility to Also referred to as "participation participate requirements," these are the minimum frequently.
The target benefit plan is essentially a hybrid plan.