See PBGC's Guarantees for Single -
Employer Pension Plans Fact Sheet for more information.
Not exact matches
Almost as though to prove my point about the
fact that individuals need to stop counting on others, whether the government or their
employer, to ensure their financial future, and to take charge themselves, the federal government announced that same day that they were introducing a new variation on the two standard
pension options available, and introduced the Target Benefit
pension plan.
That's despite the
fact that young workers face zigzagging career paths and fewer opportunities to participate in
employer - sponsored
pension plans than previous generations.
In
fact, the 401 (k) will most likely be replacing
pension plans all together in the near future.2 However, there are still
employers who offer both a
pension plan and a 401 (k)
plan - if you're lucky enough to be in that fortunate situation.
«I like the
fact that they have a 401k with matching
employer contributions, in addition to the
pension plan.»