Individual Stop-Loss Coverage: A type of stop-loss insurance that provides benefits for claims on an individual that exceed a stated amount in a given period. Also known as specific stop-loss coverage.

 

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Individual Stop-Loss Coverage: A type of stop-loss insurance that provides benefits for claims on an individual that exceed a stated amount in a given period. Also known as specific stop-loss coverage.

Individual Retirement Arrangement (IRA): An individual retirement arrangement (IRA), which may be set up as either an account or an annuity, allows people with earned income to contribute to a tax-deferred traditional IRA or a tax- . . . View Full Definition

Individual Tax Return: A provision of the law governing IRA's that enables a retiree or anyone receiving a lump-sum payment from a pension, profit-sharing, or salary reduction plan to transfer the amount into an IRA.

Individualized Educational Plan: IEP, a plan for educational support services and outcomes developed for students enrolled in special education programs.

Initiate Coverage: A company's first sale of stock to the public. Securities offered in an IPO are often, but not always, those of young, small companies seeking outside equity capital and a public market for . . . View Full Definition

Individual Retirement Annuity: An individual retirement annuity is one type of individual retirement arrangement. It resembles the better-known individual retirement account in most ways, such as annual contribution limit . . . View Full Definition

Individual Retirement Account (IRA) Rollover: A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax-deferred.

Individual Health Insurance: Health insurance coverage on an individual, not group, basis. The premium is usually higher for an individual health insurance plan than for a group policy, but you may not qualify for a gro . . . View Full Definition

Handicapped Individual: Based on the definition provided by the Rehabilitation Act of 1973, Section 504, an individual is 'handicapped' if he or she has: a mental or physical impairment which substantially limits o . . . View Full Definition

Individual Houses: Houses one, five and nine, all ruled by natural fire signs. The common function of these houses is oriented toward the self. As a group, they form the Trinity of Life.