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MISSISSIPPI [RESOURCES: RESOURCES TO BE EXCLUDED] Revised 10-01-09

Code Employee Stock Ownership Plan Similar to a profit-sharing plan that must be primarily invested in the employers stock and under which distributed benefits must be offered in the form of the employer s stock. Section 401(a) IRS Code Keogh plan Informal term for retirement plans available to self- employed people. Section 401(a) IRS Code Money Purchase Pension Plan Employer-based defined contribution plan under which annual contributions are fixed by a set formula Section 401(a) IRS Code Profit Sharing Plan Employer-based defined-contribution plan under which employer contributions may, but need not be, linked to profits. Usually refers to non-matching employer contributions. Section 401(a) IRS Code SIMPLE 401(k) 401(k)-type plans only available to small businesses: exempt from certain restrictions and subject to some limitations on employer contributions. Section 401(a) IRS Code 401(k) Defined contribution plan that allows employees to defer receiving compensation in order to have the amount contributed to the plan. Commonly referred to as a cash or deferred arrangement (CODA). Some 401(k) plans allow after-tax Roth 401(k) contributions. Section 401(a) IRS Code 403(a) Plans that are similar to 401(a) plans but are funded through annuity insurance. Section 403(a) IRS Code 403(b) Tax-sheltered annuity or custodial account plan offered by tax-exempt section 501 organizations or public educational schools. Many are funded by employee contributions that resemble 401(k)s. Section 403(b) IRS Code IRA Vehicle for tax-deferred retirement savings controlled by individuals rather than employers. Section 408 IRS