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	<title>New answer on: Why Is A Pension Plan Important?</title>

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		<title>By: Steve Savant</title>

		<link>https://insurancelibrary.com/retirement-plans/why-is-a-pension-plan-important</link>

		<dc:creator>Steve Savant</dc:creator>

		<pubDate>Tue, 10 Sep 2013 12:07:47 +0000</pubDate>

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		<description><![CDATA[A traditional pension plan is generally categorized as a defined benefit plan. The old school convention was managing retirement to an established amount in the future. That was then. Now defined contribution plans are much more in vogue. Many government and private pension plans are operating with a short fall. Most advisers appear to be recommending defined contribution plans.]]></description>

		

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		<title>By: Steve Savant</title>

		<link>https://insurancelibrary.com/retirement-plans/why-is-a-pension-plan-important</link>

		<dc:creator>Steve Savant</dc:creator>

		<pubDate>Wed, 14 Aug 2013 12:56:48 +0000</pubDate>

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		<description><![CDATA[A pension or retirement plan is important because you&#039;re basically paying yourself for your future lifestyle during retirement. By establishing a disciplines saving method, you can set aside monies for future income when you retire. Some pensions are qualified, others are non-qualified plans, while some are employer sponsored and others are individual plans.]]></description>

		

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