What is a defined benefit pension? A defined benefit pension scheme - also known as a final salary or career average pension scheme - is one that promises to pay out an income in retirement based on ...

The SECURE Act 2.0, enacted in December 2022, made several updates to what must be included in annual funding notices (“AFN”) issued by ...

Arden wonders how to move an inherited U.S. retirement account to Canada with the fewest tax consequences as they approach ...

GBU Financial Life (GBU Life) has introduced the Defined Benefit Annuity Retirement Security Solution, a groundbreaking approach to retirement planning. Developed in partnership with Wealth2k, Inc., ...

Industry data show the majority of large, non-unionized Canadian employers with defined benefit pensions have provided no ...

SAVERS could be set for a major boost to their pension pots under new government plans. The proposals, confirmed today, are ...

The Department of Labor (DOL) issued guidance earlier this month that will affect defined benefit plans’ annual funding notices. The annual ...

As a rule of thumb, however, the state pension typically ends upon your death and cannot be claimed by your spouse or civil ...

The State Pension is paid out to people aged 66 or over who have made at least 10 years of National Insurance (NI) ...

California taxpayers are on the hook for paying any shortfall in retirement benefits that investments don’t cover.

Addressing America’s Retirement Security Crisis A generation ago, the defined benefit pension was a pillar of American retirement security, providing retirees with a steady income for life.