January 2021

Definition of the employee contribution plan

On: January 29, 2021

What is an employee contribution plan? An employee contribution plan is a type of employer savings plan. By choosing to participate in the plan, employees contribute a percentage of their salary to the plan, which is then invested on their behalf by a third-party plan administrator. Employers, on the otherRead More →

Should you ditch your workplace pension plan?

By: Randy L. Ladd

On: January 21, 2021

In: Retirement plan

It may seem counterintuitive, but stashing funds in your retirement plan at work could actually make it harder to retire. Some worktops are great while others are expensive and stiff. And some plans may be good for some employees, but not for you. So how do you know if yourRead More →