Personal Finance An Integrated Planning Approach
Quiz 16: Retirement Planning: Planning for Your Long-Term Needs
The Law Requires a Qualified Pension Plan That Provides Benefits
The law requires a qualified pension plan that provides benefits based upon credited years of service to fund you with additional benefits for service beyond normal retirement age.
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An employer can legally force you to retire after age 70.
Cash balance plans tend to favor more mobile younger workers.
Those retirement plans paying monthly benefits must automatically provide married workers with a joint and last survivor annuity.
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