Write an article review on topic "Pension Plans". Your reference sources must be limited to the Wall Street Journal, Financial Times, New York Times or a journal article from a recognized financial resource. To complete the article review, you should do research on the assigned topic to provide some in-depth information about the topic significance to the current business climate regarding global finance.
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The future of retirement plans
One of the primary objectives of an individual is to save for retirement so that they can maintain a decent quality of life when they retire and do not work. These savings and the corresponding income would be used to finance the needs. Dunn (2013) has stated that there are two major types of qualified retirement and pension plans – defined benefit and defined contribution plans. Defined contribution plans are those in which the employer matches the contributions of the employees to the plans and when the employee retires, the plan starts making distributions....
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