Sentences with phrase «called defined contribution plans»

And no wonder: Pensions have mostly given way to so - called defined contribution plans — think 401 (k), 403 (b) and 457 plan — which have placed the burden of investing to provide for a steady income on your shoulders.

A 401k is what is called a defined contribution plan.

The other pension plan that you often hear about is called a defined contribution plan.

A 401k is called a defined contribution plan because employees make their own monetary contributions to the plan.

Not exact matches

Called FidelityConnect, it provides advisors with a complete book - of - business snapshot of all their defined contribution plans administered by Fidelity, and improves on plan - level analytics, the firm said in its announcement.

State Comptroller Tom DiNapoli today issued an aggressive defense of the current pension system andm — without getting into specifics — slammed Gov. Andrew Cuomo's proposal to offer a 401 (k)- style defined contribution plan as part of his Tier 6 proposal, calling the change «unacceptable» and «extreme.»

The other approach is called either a defined contribution (DC) pension plan or a group RRSP — depending on whether it is set up under pension legislation or not.

Ultimately, the 403 (b) plan is a defined contribution plan (often called a DC plan), where the participant makes contributions and investment decisions, as opposed to a pension or defined benefit plan (often called a DB plan), where the employer makes all, or a majority of contributions and all of the investment decisions.

Workplace retirement plans, such as a 401k, a 403 (b), a 457, or the government's Thrift Savings Plan, are called «defined contribution plans.»

You also may call the Plan Information Line toll - free at 1 - VRS - DC - PLAN1 (1-877-327-5261) and select Option 2 to speak with a Defined Contribution Plans Retirement Specialist.

Defined contribution plans are funded primarily by the employee, called the participant, with the employer matching contributions to a certain amount.

As he outlines in Pensionize Your Nest Egg, Milevsky has always emphasized the distinction between what he calls «real» pensions (guaranteed - for - life Defined Benefit pensions) and capital - appreciation vehicles like RRSPs or Defined Contribution plans, which have to be «pensionized» (or «annuitized») before they can be considered to be «real» pensions.

Dēmos is fundamentally opposed to what investment professionals call defined contribution (DC) plans, 401ks, IRAs, Keoghs, etc..

The TSR applies to virtually all «telemarketing,» defined to mean «a plan, program, or campaign which is conducted to induce the purchase of goods or services or a charitable contribution, by use of one or more telephones and which involves more than one interstate telephone call.»

When I joined the FP in 1993, I enrolled in its DB plan (good move) but was later persuaded to switch to a new - fangled defined - contribution plan called TRRIP (not so good).