Retirement Plans In The United States
A retirement plan is a financial arrangement designed to replace employment income upon retirement. These plans may be set up by employers, insurance companies, trade unions, the government, or other institutions. Congress has expressed a desire to encourage responsible retirement planning by granting favorable tax treatment to a wide variety of plans. Retirement plans in the U.S. are defined in tax terms by the IRS code and are regulated by the Department of Labor's provisions under the Employee Retirement Income Security Act.
Read more about Retirement Plans In The United States: Types of Retirement Plans, Contrasting Types of Retirement Plans, Portability, Valuation, Tax Advantages, History of Pensions in The United States
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—Woodrow Wilson (1856–1924)