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  2. Labor policy in the Philippines - Wikipedia

    en.wikipedia.org/.../Labor_Policy_in_the_Philippines

    The Labor policy in the Philippines is specified mainly by the country's Labor Code of the Philippines and through other labor laws. They cover 38 million Filipinos who belong to the labor force and to some extent, as well as overseas workers. They aim to address Filipino workers’ legal rights and their limitations with regard to the hiring ...

  3. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.

  4. Social Security System (Philippines) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_System...

    Website. www .sss .gov .ph. The Social Security System ( SSS; Filipino: Paseguruhan ng Kapanatagang Panlipunan) is a state-run, social insurance program in the Philippines to workers in the private, professional and informal sectors. SSS is established by virtue of Republic Act No. 1161, better known as the Social Security Act of 1954.

  5. What are pension plans? - AOL

    www.aol.com/finance/pension-plans-181440876.html

    Instead, defined contribution plans like 401(k)s are now the standard way most people save for retirement. 401(k) plan: This defined contribution plan allows employees to contribute a portion of ...

  6. Did 401(k)s Replace Pension Plans? (& Which Is Better ... - AOL

    www.aol.com/did-401-k-replace-pension-105700511.html

    A pension plan is a different kind of retirement savings plan in which a company sets money aside to give to future retirees. Over the past few decades, defined-contribution plans like the 401 (k ...

  7. A complete guide to 401(k) retirement plans: What is a ... - AOL

    www.aol.com/finance/complete-guide-401-k...

    A 401 (k) plan is a tax-advantaged retirement savings tool offered by employers that allows eligible employees to contribute a portion of their salary up to a set amount each year. Unlike ...

  8. Mandatory retirement - Wikipedia

    en.wikipedia.org/wiki/Mandatory_retirement

    Mandatory retirement also known as forced retirement, enforced retirement or compulsory retirement, is the set age at which people who hold certain jobs or offices are required by industry custom or by law to leave their employment, or retire . As of 2017, as reported by the Organisation for Economic Co-operation and Development (OECD), only ...

  9. 401(k) withdrawal rules: What to know before cashing out ...

    www.aol.com/finance/what-are-401k-withdrawal...

    The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...

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