ADP/ACP TEST
The regular non-discrimination test for 401(k) plans strictly given by the IRS to be sure that a plan does not unduly benefit highly compensated employees and owners at the expense of other employees. The Actual Contribution Percentage (ACP) and Actual Deferral Percentage (ADP) test must be passed for the purpose of satisfying the IRS' non-discrimination requirements if the the plan is to push through.
If the plan wouldn't make it through the test, the employer is obliged to conduct corrective action for the protection of its qualified status within the 12-month period immediately after the end of the plan year wherein the oversight took place.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Nov | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 02:30 | ANZ Jobs Advertisements | Nov | |
| 03:45 | Markit Final Manufacturing PMI | Nov | |
| 07:30 | Commodity Prices | Nov | |
| 09:30 | Retail Sales | Oct | |
| 10:15 | PMI Manufacturing | Nov | |
| 10:45 | PMI Manufacturing | Nov | |
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