Tag: defined benefit retirement plans

Defined Benefit vs. Defined Contribution Retirement Plans: Why 401k Plans are Not Your Father’s Oldmobile

Making the rounds the past 24 hours is a piece by Atrios in USA Today called “401Ks are a Disaster.” Here are the first two paragraphs: We need an across the board increase in Social Security retirement benefits of 20% or more. We need it to happen right now, even […]

Post-Election Financial Health Takeaways

Elections have consequences — sometimes quickly and obviously, sometimes over the long-run, and sometimes not so much. Last week’s election stands a good chance of being consequential. It stands a good chance of being quickly and obviously consequential due to the oncoming rush of the fiscal cliff. And it has […]