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  2. 401 (a) - Wikipedia

    en.wikipedia.org/wiki/401(a)

    401 (a) In the United States, a 401 (a) plan is a tax-deferred retirement savings plan defined by subsection 401 (a) of the Internal Revenue Code. [1] The 401 (a) plan is established by an employer, and allows for contributions by the employer or both employer and employee. [2] Contribution amounts, whether dollar-based or percentage-based ...

  3. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    Personal finance. Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns.

  4. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.

  5. Should I Get a Defined Benefit or Defined Contribution Plan?

    www.aol.com/finance/defined-benefit-defined...

    Defined benefit plans and defined contribution plans are two employer-sponsored ways of helping to provide employees with a comfortable retirement. The difference between them lies primarily in ...

  6. Before 401(k) plans were an option, the old-fashioned, employer-funded pension plan (also known as a defined benefit plan) provided a fixed income post-retirement after working for a company for a ...

  7. Best retirement plans for the self-employed - AOL

    www.aol.com/finance/best-retirement-plans-self...

    The self-employed have several plan options, including defined contribution plans such as a solo 401(k), SEP IRA and SIMPLE IRA. But they also have some defined benefit options, too.

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