Posts Tagged 401(k)

Defined Benefit VS. Defined Contribution

In speaking with a client recently, I was asked to describe the difference between Defined Benefit Plans and Defined Contributions Plans. I was a bit taken a back because I assumed these were commonly understood concepts.   Investigating further, I discovered my assumption was wrong. The differences between Defined Benefit Plans and Defined Contribution Plans […]

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Top 3 FAQs on 401(k)s

  The top three questions I am asked most often these days with regard to 401(k) accounts are:   Should I leave my 401(k) in a prior employer plan while out of work? Is it best to roll my account into a new employer plan every time I change jobs? Can I cash my 401(k) […]

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Retirement Confidence Survey

  Up three percentage points up from an all time low in 2009, the percentage of American workers who feel “very confident” that they will have enough money for a comfortable retirement is 16%. Not to play Devil’s Advocate, but we really need to rephrase that: 84% of the American workforce doesn’t think they’re going […]

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