what is non contributory 401k?Advertisement
With a non-contributory or defined benefit plan, the employer promises to pay in the future an amount that is based on pay rate and the number of years with the company. - read more
Definition of non-contributory plan: Pension plan which is completely funded by the employer, not the employee. - read more
Please vote if the answer you were given helped you or not, thats the best way to improve our algorithm. You can also submit an answer or check other resources.