Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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How Has Pension Wealth Changed Over Time?
National Public Pension Coalition Aug. 12, 2016
"Participation in employer-sponsored retirement plans has declined over time. Even though participation in 401(k)-style plans has risen, it has not offset the decline of defined benefit pensions.... [H]igh-income households had 52 percent of the wealth in 401(k)-style plans, compared to just 35 percent of the wealth in defined benefit plans.... [T]he increase in 401(k)-style plans has caused a decrease in the wealth-to-income ratio ... because the wealth accumulated in 401(k)-style plans is not easily transformed into income in retirement."
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