The Advisor Insights question and answers can be found on Investopedia here. Question Headline: What’s the difference between a 401(k) and a pension plan? Answer: A 401(k) and a pension plan are both retirement plans set up between an employee and employer. The main difference is that a 401(k) is a defined-contribution plan, while a pension…
Author: Wyatt
The Advisor Insights question and answers can be found on Investopedia here. Question Headline: What does it mean when people say they “beat the market”? How do they know they have done so? Answer: When someone says they “beat the market” it generally means they have received greater returns than some benchmark. This phrase can be…