Opt Out Plan

Opt Out Plan
A variant of a 401K retirement plan that employees of a company are automatically enrolled in. Default contribution rate of about 3% of wages and the funds are allocated in line with a default strategy.

Random Finance Terms for the Letter O

  • Operating Margin
  • Operating Risk
  • Operationally Efficient Market
  • Opinion of Title
  • Opinion Shopping
  • Opportunity Cost of Capital
  • Opportunity Costs
  • Opportunity Set
  • Opt Out Plan
  • Optimal Contract