Designing Your Own Pension
According to research conducted by the Center for Retirement Research at Boston College in 2007, retirees tend to be happier with a traditional defined-benefit pension that pays a guaranteed monthly...
View ArticleWhat is a Term Certain Annuity?
What is a Term Certain Annuity? A term certain annuity is an insurance product which is designed to provide a person with predetermined payments over a designated period of time. Term certain annuities...
View ArticleWhat is a 457 Plan?
457 Plan A 457 plan is a deferred and non-qualified compensation plan. These plans are established by state and local governments, tax-exempt local governments, and employers who are tax-exempt....
View ArticleThe Defined-Contribution Plan
Defined-contribution retirement plans are quite common, and have been increasing in popularity over the last couple of decades. As compared to a defined-benefit plan, where an employee is guaranteed a...
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