Pension Planning: Lifetime guarantee
FACED WITH A SEVERE FUNDING CRISIS, THE FUTURE OF defined benefit plans looks bleak. While defined contribution(DC)plans are gaining popularity, there are critics who maintain that one of the problems with DC plans is that they don’t provide a guaranteed lifetime income at retirement. DC plan sponsors can overcome this obstacle by educating plan members […]
- June 1, 2006 September 13, 2019
- 00:00