Defined Benefit Plans

Defined Benefit Plans

What is a Defined Benefit Plan? It is a plan that is designed to provide participants with a definite benefit at retirement. The benefit formula is specified in the plan’s documentation. An actuary calculates plan contributions: The calculations are based on the benefits provided, participant ages, and other factors and assumptions. Defined Benefit Plans include both traditional benefit formulas and non-traditional arrangements, such as cash balance.

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Pension Investors Corporation of Orlando

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220 E Central Pkwy #3040
Altamonte Springs, FL 32701

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