Tag: defined contribution plan

Question: What are health and welfare benefits? Answer: A group health plan is an employee welfare benefit plan established or maintained by an employer or by an employee organization (such as a union), or both, that provides medical care for participants or their dependents directly or through insurance, reimbursement, or otherwise. Examples of health and…

A recent survey from Towers Watson has revealed that for many younger workers, financial security later in life is growing more important. Patty Kujawa dives deeper into the results: It’s not simply base pay that workers are after, but also defined contribution and defined benefit plans, data from a recent survey by consulting firm Towers…