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What does MP stand for?

MP stands for Money Purchase (type of qualified retirement plan)

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of MP

Other Resources:
We have 205 other meanings of MP in our Acronym Attic

Samples in periodicals archive:

Byline: Nevill Boyd Maunsell The Pensions Regulator should look more closely at money purchase defined contribution pension schemes and do more to see that people contributing to them understand the risks involved, writes Nevill Boyd Maunsell.
Among the possibilities being considered are a ``freezing'' of the final salary scheme - already closed to new members - and a ``hybrid option'' involving part final salary and part money purchase pensions.