Net Gains: If Your Employer Doesn't Provide a Pension Plan, Consider Buying an Immediate Annuity
Now might be the right time to buy yourself a pension.
In a difficult investing environment, one of the best protections you can have against market uncertainty is a guaranteed stream of income from something like a traditional pension plan.
The problem is, of course, fewer U.S. employers today offer a defined-benefit pension plan that provides a guaranteed monthly payment to retirees. Instead, many of us are responsible for securing our own retirement income through a 401(k) plan or similar... Full Story
Contribute | Do you have more information about this topic? If so, please click here to contact the editors of ABC News.
6 Comments | Add Yours
