The benefit of a pension plan is the guaranteed income it provides during retirement. Find out how pension plans work and how ...

A 401(k) is an employee-sponsored retirement plan offering tax advantages. You contribute a chosen percentage of your income, which is then automatically withheld from each paycheck by your employer ...

With a few notable exceptions, the age of pensions is largely over in the U.S. Traditional defined benefit plans have replaced largely by defined contribution retirement vehicles like 401(k) plans. A ...