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Category Archives: Trustee & Fiduciary Services

Pension plan _opt

The Effect of Having Pension Plans Replaced By 401k Plans

By Shalloway & Shalloway |

The reduced availability of pension plans for retired people can be expected to be a major problem in the future, especially for the “Baby Boomers.” Pensions have been replaced by 401k accounts to augment Social Security checks for retirees. For many retirees, a typical family has little or no retirement savings. Even those that… Read More »

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