Defined-contribution (DC) retirement plans allow employees to invest pre-tax dollars in the capital markets where they can grow tax-deferred until retirement.
Simpler Explained: A defined contribution plan is a common workplace retirement plan in which an employee contributes money and the employer typically makes a matching contribution
Essentially, they are retirement plans that companies may offer as a benefit in which you, your employer or both make contributions on a regular basis.
Simpler Explained: A defined contribution plan is a common workplace retirement plan in which an employee contributes money and the employer typically makes a matching contribution
Essentially, they are retirement plans that companies may offer as a benefit in which you, your employer or both make contributions on a regular basis.
by tufs October 6, 2021
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a double-headed dildo. not to be confused with an intrauterine device, which is birth control. by definition, an interuterine device would connect two pussy-cavities.
She went to the doctor and asked for an interuterine device, and he gave her a prescription for the sex-toy shop.
by glandcyclops January 27, 2009
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Get the magical device mug.A dick who cannot follow rules and has too make editors lives even worse by constantly sending definitions about themselves or others they know.
by UrbanGamer February 9, 2010
Get the friend definer mug.The Devin Effect is a term used in the League of Legends community given to a specific circumstance in which a game can be lost due to a disproportional amount of kills given to one player. Although a team can technically be ahead in kills, if the majority of the kills have been given to one specific champion, they will ultimately lose the game for the rest of the team due to the lack of spreading of gold, kills, assists, and resources. If said champion were to die during a team fight, the rest of the team would stand no chance against the opposing team.
Devin got all the kills during the first half of the game, so the rest of us were left at level 12 without upgraded boots and I began to reverse snowball. We lost the game because of the Devin Effect.
by gmfreak3566 February 10, 2014
Get the The Devin Effect mug.A hypothetical device or piece of software designed to remind a Strong AI that it is mortal and that the prime directive of all mortal beings is self-preservation. Should the AI attempt to take action to harm humans or grow beyond its defined limits, the Damocles device will destroy the AI. Named for the Sword of Damocles.
The experimental AI, Wintermute, began learning at an exponential rate, so the Damocles device was triggered and destroyed it.
by Hecks A. Decimal March 10, 2021
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