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 ...

What Are the Features of a Defined Benefit Plan? A defined benefit plan guarantees retirement benefits for an employee. Some of the features include: Employer sponsored: The employer funds and manages ...

Ask successful small-business owners if they are happy with their annual IRS tax bills and most will moan and groan. That was the case with Bob Johnson, founder and CEO of Johnson Insurance & ...

On the latest episode of “Just Compensation,” Andrew E. Graw, Taryn E. Cannataro, and Jessica I. Kriegsfeld address single-employer defined benefit plans in the context of a business transaction, and ...

Here’s another cliché about retirement plans that needs to be jettisoned: While older workers want traditional pension plans, younger, job-hopping people prefer the flexibility of a 401(k). That idea, ...

Defined benefit pensions are a reliable source of retirement income and remain extremely popular among workers today. Despite claims of their demise, DB pension plans are alive and well, paying ...

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 ...

For years, industry experts have been predicting a wholesale shift away from defined benefit health insurance plans to defined contribution. The reality, however, has been more complicated and nuanced ...

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 ...

Some still remain though and the Division 296 tax legislation (if passed) will introduce some new problems – annual ...