Despite their reputation, traditional defined-benefit (pension) plans can be a valuable tool for small-business succession planning. Defined-benefit pension plans are often associated with unions and ...

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 ...

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 ...

Once upon a time, many workers didn’t need to worry about how they would spread 401(k) savings across their retirement years. Instead, they participated in a defined-benefit pension plan. Employers ...

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 ...

Large deductions and accelerated savings. This may sound like a pipe dream, but for business owners, a cash balance plan has the potential to provide both. A cash balance plan is a type of defined ...

What Is A Keogh Plan? Sponsored by Rep. Eugene Keogh and put into effect by the Self-Employed Individuals Tax Retirement Act of 1962, Keoghs (also referred to as HR-10 plans) were set up as deferred ...

What are the responsibilities of the Retirement Plan Committee? The Defined Contribution Retirement Plan Committee assists with guidance and oversight of the investment options offered through ...