3
votes
1answer
43 views
Will there be enough money in Social Security benefits to cover baby boomer retirement? [US]
This is in a similar vein to this question. Wondering if the American old age benefits program has also taken into account the larger retiring population. Does the plan have enou …
3
votes
1answer
66 views
Will there be enough money in the CPP to cover baby boomer retirement? [Canada]
As the leading edge of the baby boomer generation edges into retirement age, is there enough funds in the Canada Pension Plan (CPP) to cover the needs of this populous generation? …
4
votes
2answers
113 views
Are defined benefit (DB) pension plans guaranteed in the U.S.? What happens if the sponsor company goes bankrupt?
Are defined benefit (DB) pension plans guaranteed in the U.S.?
What happens to a DB pension plan and plan benefits if the sponsor company goes bankrupt?
Where can somebody find m …
2
votes
3answers
127 views
Should I have an RRSP on top of a pension?
I am a teacher and automatically contribute into the Teacher's Pension Plan every paycheque. This pension plan is considered to be one of the best in the country. Do I need to ha …
2
votes
2answers
53 views
What’s are the differences between “defined contribution” and “defined benefit” pension plans?
I've often heard of these two types of pension plans offered by companies:
Defined contribution (DC)
Defined benefit (DB)
What are they and how do they differ? Is one better t …
