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| Definitions by InvestorWords.com |
| What is...? |
| Cash or Deferred Arrangement (CODA) A qualified plan, usually part of a profit sharing or stock bonus plan, that gives an employee the option to contribute some of his/her salary to the plan. One example is a 401(k) plan. A participant in a CODA may still contribute to an IRA, although the contribution might not be deductible. |
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