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

HR Professionals Magazine

defined contribution (DC) plans include 401(k) plans, 403(b) plans, employee stock ownership plans, and profit-sharing plans. The benefits in most defined benefit plans are protected, within certain limitations, by federal insurance provided through the Pension Benefit Guaranty Corporation (PBGC).

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

Empuls

Defined benefit plans  This retirement benefit plan is calculated based on multiple factors, including salary and service. The plans are protected by federal insurance provided through the Pension Benefit Guaranty Corporation or PBGC. 

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