Sentence examples for defined contribution retirement from inspiring English sources
Fifty-seven percent bought their first fund through defined contribution retirement programs, like 401(k) plans.
The real issue is whether we want the federal government to follow many companies and change from a defined benefit to a defined contribution retirement plan.
To listen to some advocates of "defined contribution" retirement plans, like 401 k)'s, just about anyone could have done it.
At the same time, the report cites "substantial declines" in the availability of defined contribution retirement plan loans, as well as decreases in on-site cafeterias, credit unions and auto subsidies for employees.
The Ways and Means Committee will also hold a hearing next week on tax-favored defined contribution retirement plans, like 401 k)'s and individual retirement accounts, with an eye on trimming the tax benefits.
Expand catch-up contributions Right now, workers age 50 and over can make additional "catch-up" contributions of up to $5,500 to their defined contribution retirement plans like 401 k)'s.
He cites important new legislation in the works that will allow Japanese companies to replace traditional defined benefit pension plans for their workers with defined contribution individual retirement plans (kakutei kyoshutsu similar to the U.S.'s 401(k) plans.
The ideal step needed to stop the runaway train of pension costs would be a shift towards a defined contribution style retirement system.
In Utah, the state is setting up an insurance exchange that explicitly allows smaller employers to give workers a fixed amount of money to buy a health policy, much as they might make a defined contribution to a retirement plan.
Annuities will still be the right product for some people, but there'll be a sea change in how people take their defined contribution fund on retirement.
An affiliate of his money management fund firm, ReserveSolutions, has introduced the first of these types of cards, called ReservePlus, and it is aimed at the $3 trillion-plus in defined contribution 401 (k) retirement assets controlled by some 50 million Americans.
