Abbott, Langer Association Surveys

Abbott-Langer & Associates Business Glossary

This glossary of business definitions contains over 2,000 business terms used in compensation and benefits administration. Continually updated, this specialized business dictionary focuses on definitions of Human Resources terms and business terms.

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401(K) Plans

United States Internal Revenue Code Section 401(k) refers to Cash or Deferred Arrangements. These are retirement plans typically described as a defined contribution plan used within private for profit firms.

403(B) Plans

U.S. Internal Revenue Code Section 403(b) refers to Tax Sheltered Annuity Plans for nonprofit and public firms.