What happens if the company paying your pension goes bust?

Pensions have been going the way of the dodo for a long time now with the rise of the 401(k), but many Americans still have one. There’s no question that pensions are more popular in the public sector — particularly among unionized workers. Some 75% of public sector workers have a traditional defined benefit pension plan,…


Author: HEDGE

Executive Editor and Founder of HEDGEaccordingly.com. Hedge Was Founded in January 22, 2008. Learn more about HEDGEaccordingly