What Are the Features of a Defined Benefit Plan? A defined benefit plan guarantees retirement benefits for an employee. Some of the features include: Employer sponsored: The employer funds and manages ...

Choosing between a defined benefit vs. defined contribution plan can make or break your retirement strategy. The difference comes down to who takes on the risk — your employer or you. A defined ...

Learn about pension retirement plans, including defined benefit and contribution plans like 401k. Understand tax-deferred ...

A defined benefit plan, other than a fully insured plan, must satisfy one of the following three accrued benefit tests: The 3 percent test. The accrued benefit to which a participant is entitled upon ...

Thankfully, public education is seeing pay increases, improved working conditions, record levels of funding and critical learning support for students, such as free breakfast and lunch programs. But ...

After years of the decline of defined benefit (DB) plans for employee retirement, it was surprising to see IBM announce the reopening of its DB plan. Meanwhile, we continue to see headlines on the ...

This column has been modified to correct the amount of the required contribution for Janet's DB plan. Minimizing taxes isn’t always the best idea. Rich found this out the hard way. You may have heard ...

Most SECURE 2.0 articles focus on the changes applicable to defined contribution plans, such as 401(k) plans, and rightly so, since those plans were the most impacted by the law. However, SECURE 2.0 ...

Capital market uncertainty escalated in early April to levels not seen since the global financial crisis and the early months of the COVID pandemic in 2020. The result was a spike in the volatility ...