Home > Glossary > Qualified Automatic Contribution Arrangement (QACA)

Meaning / Definition of

Qualified Automatic Contribution Arrangement (QACA)

Categories: Retirement and Pension,

An automatic enrollment system of the Pension Protection Act (PPA). Its purpose is to increase employee engagement in defined contribution retirement plans. The deferral amount per employee varies from 3% to a maximum of 10% of compensation.

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Categories: Insurance,

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