What is the main purpose of the Pension Benefit Guaranty Corporation (PBGC)? What are the implications for estate planning? If I have $40,000 of pre-tax, what are the differences between $1,000 tax credit versus a $1,000 tax deduction for a single taxpayer in the 25% tax bracket?
In the past four years, there have been substantial pension plan shortfalls in companies that have their pension plans guaranteed by the Pension Benefit Guarantee Corporation (PBGC). Why do you think this happened? Are you co...
Second, 401(k) plans don’t have the luxury of being insured by the Pension Benefit Guaranty Corporation (PBGC). (But then again, some pensions don’t enjoy this luxury either.) Third, employer matching contributions are usually not vested (i.e., do not become the property of the employe...
Second, the insurance premiums that are required to be paid to the PBGC (Pension Benefit Guaranty Corporation) have increased significantly in recent years. An LDI solutions provider will generally conduct a full-fledged assessment of these risks on behalf of the plan sponsor, ensuring that the ...
The key to beating inflation in retirement is to account for it and incorporate it into your plan. Brandon RenfroJuly 3, 2024 Ask a CFP: Do I Need a Pension? With proper planning, you can have a perfectly secure retirement without a pension. ...
The key to beating inflation in retirement is to account for it and incorporate it into your plan. Brandon RenfroJuly 3, 2024 Ask a CFP: Do I Need a Pension? With proper planning, you can have a perfectly secure retirement without a pension. ...
In the next two weeks,we have other fun things—the talent(才艺) show,the Chinese painting show and the DIY show.I like the talent show very much.The talent show is on the afternoon of December 19th.My classmate Tony and I will play the piano in the show.Our parents ...
In some instances, such as with unclaimed pensions managed by thePension Benefit Guaranty Corporation (PBGC), the names of individuals owed money are publicly listed. A scam artist may contact these individuals posing as a government employee and offer to help secure the unclaimed funds for a fee...
(ERISA), which covers most private-sector pension plans, including bothdefined-benefit plans(traditional pensions) anddefined-contribution plans(such as 401(k)s).19ThePension Benefit Guaranty Corp. (PBGC), also a federal agency, insures private defined-benefit plans, but not de...
The funding level of a pension plan is an indication of the health of the plan and the likelihood that the company will be able to pay the monthly retirement benefits when employees retire. If the pension plan is more than 100% funded, it's an overfunded plan, and that's a good thin...