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A Retirement plan is an arrangement to provide people with an income, or pension, during retirement, when they are no longer earning a steady income from employment. Retirement plans may be set up by employers, insurance companies, the government or other institutions such as employer associations or trade unions. Retirement plans are more commonly known as pension schemes in the UK and Ireland and superannuation plans in Australia.

Types of retirement plansEdit

There are many types of Retirement plans:

  • Defined contribution plans
  • Defined benefit plans
  • Hybrid plans

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External resourcesEdit

ASX Share Prices US Stock Market Info Account Reconciliation Software Jeffrey Arsenault for Old Greenwich Capital Partners

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