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Defined Benefit vs. Defined Contribution: Choosing the Right Retirement Program 

HR Professionals Magazine

Employer-sponsored retirement plans are divided into two major categories: defined-benefit plans and defined- contribution plans. As the names imply, a defined-benefit plan—also commonly known as a pension plan—promises a specified benefit amount at retirement. By Eddie Vaughn.

401(k) 40
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A Guide to Understanding Retirement Rewards and Benefits with Fortune 500 References

Empuls

Bureau of Labour Statistics 1 has shown that 73% of working professionals accessed retirement rewards and benefits. Moreover, 56% of the workers participated in the plans. The research also revealed that up to 77% of workers with access to employer-sponsored benefits, chose to participate in the program, increasing the take-up rate.

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