A New Type Of Pension Plan That Small Businesses Could Love

Source: American Express

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Everybody wants a pension, but nobody wants to pay for it. Old-fashioned pensions, known as defined benefit pension plans, have fallen out of favor as an employee benefit because employers can't over the long haul predict the often-staggering costs. They are especially daunting for small businesses. But defined benefit pensions are probably the best plans for secure retirements.
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Date:Dec 2009