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  2. Pension Benefit Guaranty Corporation - Wikipedia

    en.wikipedia.org/wiki/Pension_Benefit_Guaranty...

    The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...

  3. How much cash should you aim for in retirement? - AOL

    www.aol.com/finance/much-cash-plan-keep-hand...

    Why do retirees need cash? In the context of retirement, cash can mean funds in a checking or savings account, or certificates of deposit (CDs) —essentially, money that’s shielded from market ...

  4. List of largest pension schemes in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_pension...

    This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.

  5. Cash balance plan - Wikipedia

    en.wikipedia.org/wiki/Cash_balance_plan

    A cash balance plan is a defined benefit retirement plan that maintains hypothetical individual employee accounts like a defined contribution plan.The hypothetical nature of the individual accounts was crucial in the early adoption of such plans because it enabled conversion of traditional plans without declaring a plan termination.

  6. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    However, as is the case with all defined benefit plans, a cash balance plan must also provide the option of receiving the benefit as a life annuity. The amount of the annuity benefit must be definitely determinable as per IRS regulation 1.412-1. Defined benefit plans may be either funded or unfunded. In a funded plan, contributions from the ...

  7. The new middle-class retirement plan: Working into old age

    www.aol.com/middle-class-retirement-plan-working...

    About one-third said they'd tapped their 401(k) or other retirement plan for a loan, early withdrawal or a hardship withdrawal, a share that Transamerica described as "concerning." The top reasons ...