Defined benefit plans are often referred to as pensions. For employees who meet certain criteria in the workplace, these accounts typically pay out predetermined benefits in retirement. Here's a look ...

Once upon a time, many workers didn’t need to worry about how they would spread 401(k) savings across their retirement years. Instead, they participated in a defined-benefit pension plan. Employers ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

In my ongoing effort to educate people on how life insurance works, I seek out new analogies and examples on a regular basis. Along with others, I’ve written exhaustively about underperformance and ...

Lawrence Pines 25+ years of experience as an equity and foreign exchange options trader. He launched his own consulting firm in 2011. Marguerita is a Certified Financial Planner (CFP), Chartered ...

I was recently speaking to a friend who just got a new teaching job and was offered a one-time choice between enrolling in a traditional defined benefit pension plan or receiving a match in a defined ...

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.