Defined Benefits

I have spent the last 10 years observing and working closely with advisors, and the best practices I've gathered are more relevant now than ever before.

Three 'massive' market events in 20 years have dealt a blow to the pensions more than 10 million Americans rely on.

While the impact of the SECURE Act on defined benefit plans is more limited than on other plans, implementing the changes can be complex.

Here are the key risks and issues employers are encouraged to consider as they engage in executive compensation planning strategies.

Losses due to unemployment, corporate cost-cutting and incentives to dip into retirement accounts may be hard to compensate for later.

"There's not going to be any desire on the Republican side to bail out state pensions by borrowing money," he said.