What Is a Pension? Types of Plans and Taxation

What EXACTLY is a retirement plan? What EXACTLY is a pension plan? Are they the same thing? Is there a difference between a pension and retirement? I know it isn't obvious. Retirement and pension plans can be confusing and overwhelming, but understanding the differences between the two is crucial for your future financial security. Here are 7 key differences between a retirement plan and a pension plan: ✴️ Sponsorship: A retirement plan is sponsored by an individual or an employer, while a pensi

Compare guaranteed income products (annuities)