Are 401(k)s more successful than defined benefit plans at replacing income in retirement?
That depends on the definition of success, according to new research from the nonpartisan Employee Benefit Research Institute.
EBRI’s new data incorporates findings from existing studies comparing defined contribution plans’ and DB plans’ efficacy in readying participants for retirement.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
