Retirement: A player withdrawing during a match, usually due to injury; and subsequently forfeiting their place in the tournament. For a pre-match withdrawal see walkover.

 

Related Words

Retirement: A player withdrawing during a match, usually due to injury; and subsequently forfeiting their place in the tournament. For a pre-match withdrawal see walkover.

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

Self-Directed Retirement Plan: If you participate in a salary reduction retirement plan, such as a 401(k) or a 403(b), you usually must select the investments into which your contribution goes from a menu of choices your . . . 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): Individual retirement accounts (IRAs) provide tax incentives to encourage people who earn income to invest for retirement. You open an IRA with a financial services firm, such as a bank, bro . . . View Full Definition

Employer Sponsored Retirement Plan: Employers may offer their employees either defined benefit or defined contribution retirement plans, or they may make both types of plans available. Any employer may offer a defined benefit . . . View Full Definition

Four Zero One 401(K) Retirement Plan: 401(k) retirement plans allow an individual to contribute part of their pre-tax income to an investment account. Pre-tax contributions are not tax-free, they are tax-deferred, meaning the pe . . . 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.

Retirement Plan: A written qualified or nonqualified benefit plan, funded by employer and employee contributions, that provides retirement income benefits for employees.

Mandatory Retirement Age Law Of 1978: A statute which prohibits (with the exception of exempted employees and positions) employers from having policies or practices that call for mandatory retirement of employees under the age of 70.