Sentences with phrase «unlike defined benefit plans»

Given that everyone's investment result will differ, and are no inherently predictable, the benefit at retirement is an unknown, unlike defined benefit plans.

Not exact matches

Unlike IRAs and 401 (k) s, which allow business owners to invest up to $ 24,000 annually, specialized defined benefit plans, properly structured, can significantly increase contributions and reduce taxes by 50 percent — in some cases, a double benefit.

But unlike Chingos and West, they found t teachers who chose the hybrid plan out - performed teachers who chose the defined benefit only by about 2 to 3 percent of a standard deviation, an effect that would be similar in magnitude to the difference between a beginning teacher and a teacher with one to two years of experience.

Unlike Social Security, where current workers pay for current retirees, defined benefit pension plans are supposed to be pre-funded.

Unlike defined - benefit plans, workers with retirement savings accounts must actively choose to contribute to them in order to save for retirement.

Foot said the current crop of retirees is more likely to have a stable, defined - benefit pension plan, unlike future generations forced to make do with a defined - contribution plan — if any.

Unlike major medical plans like those found on Affordable Care Act (Obamacare) exchanges or short - term health insurance, these health benefits plans offer defined dollar benefits that are paid without the enrollee first meeting a deductible or other out of pocket condition.