A defined benefit plan is a retirement option where the benefits paid on retirement are calculated using a fixed formula. The formula is typically based on the employee’s salary history and the number ...

Let’s say you’re a public school teacher earning $70,000 annually. Your 401 (a) plan requires you to contribute 5% ($3,500), ...

Sometimes fate intervenes to give people what they deserve. I believe that after having their retirement security taken from them, Americans deserve more guaranteed income. It’s time to bring back the ...

Comerica reports business owners must prioritize retirement planning amid rising contribution limits and tax benefits to ...

Retirees could lose up to a quarter of their Social Security benefits if the program’s trust fund runs dry within the next decade. A workplace pension can provide a guaranteed income to supplement ...

Cash balance plans have become increasingly popular in recent years. Findings from FuturePlan by Ascensus suggest these plans are the fastest-growing sector of the retirement plan market, with more ...