Although the details aren't fully available yet, the state already offers its teachers the choice to enroll in a well -
structured defined contribution plan.
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.
In this descriptive paper we detail the
structure of two Washington State teacher retirement
plans: a traditional
defined benefit
plan and a hybrid
defined benefit -
defined contribution plan.
Whether you're leaving an employer - sponsored
defined - benefit or
defined -
contribution pension
plan, a LIRA will be the tax - sheltered
structure in which your funds will be held.
The difficulty here is that fees on small
plans are sometimes high, and
defined contribution plans don't allow for easy examination of the total fee
structures.
For those who have exposure to stable value funds through their
defined contribution plans, it might be wise to check what exposures your funds have to the guarantors, and to AAA
structured securities that are trading significantly below amortized cost.
When it comes to selecting mutual funds for a
defined contribution (DC)
plan's investment menu,
plan sponsors can encounter an alphabet soup of different share classes with varying fee
structures sprinkled in — and that's ultimately what sets them apart.