Retirement
Employer-Sponsored Retirement Plans
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Does the federal government insure pension benefits?
It insures defined benefit plans through the Pension Benefit Guaranty Corporation, a federal agency created by ERISA.
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How can I plan for retirement if my employer doesn't offer retirement benefits?
In many cases, your first step should be to open an IRA and contribute as much as you possibly can each year.
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I teach at a school that has a 403(b) plan. Is this type of plan a good way to save for retirement?
A 403(b) plan is an employer-sponsored plan designed for employees of certain tax-exempt organizations to invest for their retirement.
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My company has a profit-sharing plan. How do these plans work?
Your employer-sponsored profit-sharing plan provides for the tax-deferred accumulation of funds in your retirement account.
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Should I contribute to my 401(k) plan at work?
A 401(k) plan is one of the most powerful tools you can use to save for your retirement.
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What does the term "qualified plan" mean?
A qualified plan is an employer-sponsored retirement plan that qualifies for special tax treatment.
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What is vesting?
Vesting occurs when you acquire ownership.
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