What Are the Features of a Defined Benefit Plan? A defined benefit plan guarantees retirement benefits for an employee. Some of the features include: Employer sponsored: The employer funds and manages ...

Ask successful small-business owners if they are happy with their annual IRS tax bills and most will moan and groan. That was the case with Bob Johnson, founder and CEO of Johnson Insurance & ...

Most SECURE 2.0 articles focus on the changes applicable to defined contribution plans, such as 401(k) plans, and rightly so, since those plans were the most impacted by the law. However, SECURE 2.0 ...

On April 3, 2025, the Department of Labor (DOL) issued Field Assistance Bulletin No. 2025-02 to assist defined benefit pension plan administrators with deciphering the requirements of the SECURE 2.0 ...

Editor’s Note: The SECURE Act made changes that make it easier for certain sponsors of closed defined benefit plans to satisfy their nondiscrimination testing requirements. 1 See below for details.

Under a recommendation approved by FASB, benefits will be valued by setting the discount rate equal to the assumed interest crediting rate.

Recruitment and retention won’t be fixed by reviving defined benefit plans — and Alaska’s own experience proves it.

A new report says less than half of non-retirees in Canada have a workplace pension plan.

A defined-benefit plan is an employer-sponsored retirement plan in which the benefits are determined by a company-specific formula. One notable aspect of a defined-benefit plan is that they are ...

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