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Glossary of Terms Used for USAID's Automated Directives System (ADS) - Updated 07/15/2011 Partial Revision

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Term Definition
401(k) Defined Contribution Pension Plan

A pension plan that requires the employer to specify an amount to contribute but does not specify the amount that may be paid as a benefit to the participant(USAID Automated Directives System - ADS - Chapter 637).
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