A defined contribution plan is an employer-sponsored retirement plan funded by money from employers and employees. The money you save for retirement in a defined contribution plan is invested in ...

Defined contribution plans come in varieties like 403(b), 457, and Thrift Savings Plans. You choose investment options within your plan, determining the ultimate value of your retirement fund.

But earning a higher salary can help you save more, as long as you increase your contributions along with your income. So it ...

Average 401(k) retirement balances fell 3% from late last year through the first three months this year, according to ...

A defined benefit plan is very different from a defined contribution plan. By Robin Hartill, CFP – Updated May 30, 2025 at 10:36PM ...

All defined contribution plans basically work the same way. You decide how much you want to contribute, and your employer puts the money into your individual account on your behalf. The investment ...

New guide to ‘governmental defined contribution plans’ for public sector DC plans: NAGDCA. Most (82%) participants in National Association of Government Defined Contribution Administrators ...

Defined-contribution plan participants are saving for retirement, which is often more than a decade away. This longer time horizon better lends itself to investments in asset classes with less ...

Suspension of Drexel University’s Contribution into 403(b) Retirement Plan. As communicated on Oct. 10, 2024, Drexel University is suspending its contributions to employee retirement plans for ...

Defined Benefit Plan vs. Defined Contribution Plan. Most are familiar with defined contribution plans like a 401(k). You might be wondering how these accounts differ from a defined benefit plan.

Mizuho Bank, a subsidiary of Mizuho Financial Group, and its wholly-owned subsidiary Defined Contribution Plan Services (DCPS) have announced a merger agreement aimed at enhancing services and ...

Defined contribution plans are sometimes called group RRSPs, but there are differences between the two plans. Details of group RRSPs vary between companies. Sources.