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Turn Defined Contribution Plans into an Employee Benefit?
Few people refer to their 401(k) as a “defined contribution plan.” In fact, many people appear to perceive a 401(k) or for that matter a 403(b) plan as an “investment plan.” Many employers view their 401(k) plan as an optional, take-it-or-leave-it employee benefit. Historically, people who went into teaching and other public sector careers received…
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