In the News • January 31, 2009
State Pension Plans Effective
The Advocate, January 31, 2009 NIRS executive director says that defined contribution plans, such as 401(k) — where employees have a certain amount for their retirement years, not a defined benefit that lasts their lifetime — are meant to supplement pensions. “They don’t work well when they’re the only egg in your basket,” she said. Read […]