On the Job
In This Chapter
• Defined benefit plans—traditional and otherwise
• Defined contribution plans
• Stock options and other perks
• Keoghs and variants
• Simplified employee pensions
For many of us, our workplace is not merely the source of income with which we meet our current living expenses. It’s also a primary source of money earmarked for retirement.
That may be a constant, but the makeup of workplace retirement options has changed dramatically. For one thing, retirement choices in the traditional workplace have shifted away from programs where the employer provided the benefits program exclusively. Now, employee participation and choice are more the norm. And that showcases the importance of knowing how the program ...