(Download) "Which Retirement Plan is Best for Ann Smith? (Case Study)" by Journal of the International Academy for Case Studies * Book PDF Kindle ePub Free
eBook details
- Title: Which Retirement Plan is Best for Ann Smith? (Case Study)
- Author : Journal of the International Academy for Case Studies
- Release Date : January 01, 2011
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 62 KB
Description
CASE SYNOPSIS Ann Smith has recently accepted a new position as a junior executive with Fowler Inc., a company that manufactures construction equipment. Fowler Inc. offers two retirement plan options to their new employees, a defined benefit plan and a defined contribution plan. She has begun evaluating these two options, which differ considerably in their characteristics, to determine the ideal plan for her and her husband, Frank. Ann is grappling with several variables that affect the retirement choice, including how long she may work for her current employer, at what age she will decide to retire, how many years she might spend in retirement, how risk averse she is, and what the expected rate of return is. The importance of the retirement plan choice makes it critical that the Smiths consider all these variables carefully in order to make a well-informed and wise decision. Furthermore, the decision must be made within 60 days after employment begins. Which plan is best for Ann and her husband?