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 ...
When investors are considering their workplace retirement plans in relation to their other accounts, it’s essential that they ask two fundamental questions: How much does it cost, and how good are the ...
Roughly 73 percent of employees who work at hospitals and health systems participate in a 403(b) defined contribution plan — the highest level of plan participation at healthcare organizations in the ...
Adoption of Roth, after-tax and catch-up contribution options varies, sometimes dramatically, across plan sizes. Defined contribution plan sponsors have to make decisions about what types of ...
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 ...