On Monday, March 3, 1913, clad in a white cape astride a white horse, lawyer Inez Milholland led the great woman suffrage parade down Pennsylvania Avenue in the nation's capital. Behind her stretched a long line with nine bands, four mounted brigades, three heralds, about twenty-four floats, and more than 5,000 marchers. 3
When a retirement plan is fully funded, it's the result either of money you've contributed or of cash deposited by your employer. A fully funded retirement plan is one in which the participants -- either the plan member or plan sponsor -- are maximizing the available resources to adequately prepare for your retirement. Once you or your employer have done your part to get the plan well-funded, it's up to the investments in which the money is directed to keep the funding status strong.
412(e)(3) Fully Insured Defined Benefit Plan. The Planâs annual contribution is determined by solving for a guaranteed lump sum amount that will be sufficient to provide a desired monthly income at retirement. The monthly retirement benefit is a function of income and has statutory limitations that change annually.