What are the retirement pensions – What is a retirement pension? 1-800-566-1002. What are the best type of retirement pensions for retirement and learn how you can avoid the most common mistakes that individuals have made when looking to purchase a retirement pension. Retirement Pension Plans According to the 2nd edition of the Encyclopedia of Business, "the term pension plan is now used to describe a variety of retirement programs that companies establish as a benefit for their employees-including 401(k), profit-sharing, simplified employee pension (SEP) and Keogh plans. In the past, however, pension plans were differentiated from other types of retirement plans in that employers were committed to providing a certain monetary level of benefits to employees upon retirement." In the United States, a retirement scheme such as an employee pension plan is sponsored by a company for their employees with varying levels of employer-employee percentage contribution. A
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)