Most employers offer a defined benefit plan, where they select one or two health insurance options to offer their employees. This approach is being replaced by defined contribution plans. The shift is ...

Key Takeaways The typical employee contribution rate falls between about 8% and 10%, depending on the data source.When ...

Defined benefit plans guarantee a set retirement payout, reducing investment risk for employees. These plans are rare in the private sector, with employers bearing the majority of funding and risk.

The recently proposed Retirement Simplicity and Clarity Act would expand in-service rollovers to include annuities. In-service rollovers currently provide active employees with the ability to move ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

The defined contribution concept isn’t widely used in the enhanced benefits space (also known known as “voluntary”). But when communicated properly, it’s a powerful and innovative tool that brokers ...

Dec. 7 (Bloomberg) -- Over the next decade, we are likelyto see a shift in health insurance in the U.S.: So-calleddefined-contribution plans will gradually take over the market,shifting the residual ...

With the pension schemes bill soon-to-be published, experts have outlined what this will mean for definition contribution pensions. In a webinar last week (May 9), hosted by XPS, individuals discussed ...