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Portability and Its Place in the Design of Retirement Plans
Workforce Management
July 28, 2008 Excerpt: 401(k)s no doubt have a place in the retirement landscape, so long as people understand the real intrinsic differences between defined-contribution plans and defined-benefit plans. Portability is not one of those differences. Plan sponsors are in a position to correct this misconception, and should not be swayed from pursuing an effective defined-benefit strategy in the name of portability. MORE >> |
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