defined benefit plans

Should You Accept a Pension Buyout Offer?

Recently, 90,000 former Ford workers got an interesting offer: They could trade monthly pension benefits for a lump sum of cash. Are such offers a good deal? That depends quite a lot on who you are.

Why Young Workers Want a Good Old-Fashioned Pension

The conventional wisdom is that young people today expect they'll change employers repeatedly, and thus don't really care about pensions. But it turns out the conventional wisdom is wrong. With 401(k)s looking less secure, a defined-benefit plan is a real lure for younger workers.