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The Good Old Days: Was the Pension Era Really as Good as Its Reputation?

Defined benefit pensions often paid lifetime income streams, but many workers were not included; some companies also underfunded the plans. Defined contribution plans plus Social Security offer more Americans retirement security, explains Wharton Prof. Olivia S. Mitchell, via PlanAdvisor.

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June 6, 2023   |   News and Media defined benefit pension plans, defined contribution, pensions, social security
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