Posts tagged 'hybrid pension plans'

February 1, 2011
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IRS Releases Final Regulations on Hybrid Pension Plans

Four years after Congress passed the Pension Protection Act of 2006, the Internal Revenue Service (IRS) has released final regulations on hybrid pension plans, which combine defined benefits (payout at retirement) with 401(k)-style defined contributions. According to consulting firm Towers Watson, nearly one-quarter of Fortune 100 companies offer hybrid plans, and it is estimated that nearly on...