What Pension Plan Is The Best?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Retirement income involves a variety of income streams for many people. The best pension plan would be one that your employer provides that includes contributions from the employer. We call that “free money.” The next best plan is any plan that allows you to defer taxation either at the time of contribution or at the time that you receive income. Most people don’t have the option to select pension programs but retirement income planning is a growing field and you might be able to locate someone to help you.
    Answered on September 12, 2014
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  2. 11783 POINTS
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    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    What pension plan is best? Short answer? The best pension plan is the one you participate in on a consistent and regular basis. The best plan is the one where you put as much money away as you can for your future. This is sort of like which is the best medical school question that is often asked. The answer? The best medical school is the one that takes you.
    Answered on October 26, 2015
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