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National Employment Savings Trust (NEST) is one of the qualifying pension schemes that employers can use to meet their new duties. It was set up as part of the government's workplace pension reforms. Nest is a trust-based defined contribution pension scheme, run by a trustee (Nest Corporation) on a not-for-profit basis.
Possibly the most common form is the third-party administrator (TPA). [11] The TPA is an independent firm that does not sell associated investment products. A Pension administration firm can also be a division of a larger corporation engaged in the retirement plan business, such as with Principal Financial Group.
The Social Security Fairness Act (SSFA), which was recently signed into law on Jan. 5, by President Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income ...
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Once you turn 59½, you’re eligible to take penalty-free withdrawals from an IRA or 401(k). However, many people still opt to hold off on retirement for a number of years beyond that point.
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The body of a Michigan father who went missing while attending a family gathering over the holidays has reportedly been found. On Saturday, Jan. 4 at approximately 2 p.m. local time, 52-year-old ...