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Definition of ‘Defined-Benefit Plan’ An employer-sponsored retirement plan where employee benefits are sorted out based on a formula using factors such as salary history and duration of employment. Investment risk and portfolio management are entirely under the control of the…
Defined contribution plans are an important way for companies to help their employees prepare for retirement. Defined contribution plans, including 401(k) plans, are company-sponsored, tax-deferred retirement savings plans. Growth in these plans typically depends on employee and/or employer contributions and…
A traditional IRA is a tax-deferred retirement savings account. You pay taxes on your money only when you make withdrawals in retirement. Deferring taxes means all of your dividends, interest payments and capital gains can compound each year without being…
Critical Illness Insurance for Glendale, North Hollywood, Pasadena, Sherman Oaks, Northridge, Van Nuys & Surrounding California Areas What is Critical Illness Insurance? Critical Illness Insurance is a protection you can buy that will allow you, your family, and your lifestyle to…
Funeral & Burial Insurance for Glendale, North Hollywood, Pasadena, Sherman Oaks, Northridge, Van Nuys & Surrounding California Areas Why Last Expense Protection? As you approach your final days, the last thing you want to leave your loved ones is the burden…
Definition of ‘Defined-Benefit Plan’ An employer-sponsored retirement plan where employee benefits are sorted out based on a formula using factors such as salary history and duration of employment. Investment risk and portfolio management are entirely under the control of the…
