A defined benefit plan is an employer-sponsored retirement plan that provides qualifying employees with a guaranteed payout in retirement. It's an alternative to a defined contribution plan ...

Not very. The percentage of workers in the private sector whose only retirement account is a defined benefit pension plan is now 4%, down from 60% in the early 1980s. About 14% of companies offer ...

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.

That's because a defined benefit plan on its own likely won't be generous enough to let you live comfortably in retirement.

Read Next: 6 Genius Things All Wealthy People Do With Their Money Trending Now: A defined benefit plan guarantees retirement ...

Defined benefit plans are plans that provide a guaranteed payout in retirement. The most common type of defined benefit plan is a pension, but these are becoming less common because they're more ...

Defined contribution (DC) and defined benefit (DB) pension schemes affect your retirement in different ways - Images By Tang Ming Tung/Digital Vision Pensions are a crucial savings tool for your ...

also known as a target benefit or defined ambition plan, is a type of retirement savings plan available in the United Kingdom where contributions are pooled together and invested to provide ...

A pension is a workplace benefit that pays qualified retirees a lifetime income. Very few private employers offer pensions nowadays, and most have shifted to defined contribution plans such as 401 ...

A Keogh defined benefit plan is designed to deliver a targeted annual retirement benefit, which can be as high as $170,000. Each year's contribution must be calculated by an actuary--the exact ...

The resulting fraction is multiplied by the pension benefit to determine the spouse’s portion (see an example in action). “Never use the ‘time rule’ to divide a defined contribution plan ...

In 2006, the State of Alaska moved from a defined benefits pension retirement plan (DB) for state and municipal employees to a 401(k)-style defined contribution plan (DC). The two plans affected ...