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 ...

A pension plan is a retirement account funded and managed by your employer, guaranteeing income for life after you retire. Unlike a 401(k), a pension doesn’t rely on the stock market — your employer ...

The SECURE Act 2.0, enacted in December 2022, made several updates to what must be included in annual funding notices (“AFN”) issued by defined benefit pension plans. For large plans (as defined below ...

More than half of surveyed chief financial officers said they’re weighing changes to their defined benefit plan designs in 2025 and are considering creative plan design; respondents said they’re ...

A 401(k) plan is a tax-advantaged retirement account offered that's by many employers. There are two basic types: traditional ...

Many U.S. corporate pension plans have seen funding levels materially improve in recent years. Strong equity markets and higher rates have put many plans near or above 100% funded. This is a critical ...

In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...

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 ...