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Defined Benefit Plans: The Overlooked Retirement Vehicle For Successful Entrepreneurs
While they were once a crucial element of the American retirement landscape, defined benefit plans – pension plans, in laymen’s terms – have fallen out of favor in recent years, having taken on negative connotations in the wake of the financial crisis. Fair or not, many people associate defined benefit plans with public sector employees, part of the broader wasteful and unwieldy apparatus of state and city governments. Read more…
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