Home
Search results “People covered by pension plans”
Defined Benefit vs. Defined Contribution Pension Plan
 
08:27
This video shows the difference between a defined-benefit pension plan and a defined-contribution plan. The core difference between these two types of plans boils down to what the employer is promising: with a defined-benefit pension plan, the employer is promising the employee a series of annuity payments after the employee retires. With the defined-contribution pension plan (e.g., a 401(k) plan), the employer is promising to make contributions to the employee's retirement account. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 42569 Edspira
Make your dream retirement possible with HDFC Life Pension Guaranteed Plan
 
01:38
Your longest holiday - your retirement, can be joyful & stress free if planned ahead. With guaranteed regular income for life, you can ensure complete financial freedom & a happy retired life. Click here to learn more http://bit.do/YT_Pension_Guaranteed_Plan.
Views: 2024 HDFC Life
SBI Life Retire Smart 2018 HINDI
 
06:41
A unit linked non-participating pension plan offering life insurance coverage and options to invest in different funds with various risk-return scenarios. Along with the life cover provided by the plan, multiple fund options under this policy can steadily add to the growth of investment. This plan comes with regular and limited premium payment options and is meant for people who wish to build a corpus through investing their savings in a policy that offers a mix of various funds.
Views: 7149 MIND BLOWING
People's Pension Trust Ghana
 
03:25
People's Pension Holding launches greenfield pension funds targeting the informal sector in developing countries. Our first subsidiary, People's Pension Trust Ghana (www.peoplespensiontrust.com) was launched in 2015, and we expect to set up funds in multiple countries in the next several years. PPH provides the pensions expertise, IT (including development), capital, partnerships, and research to ensure our daughter companies flourish and the informal sector - often up to 90% of the working population - has access to affordable pension products. ----------------------------------------------------------- Video text: Hello, I’m Samuel Bediako Waterberg, CEO and co-founder of People’s Pension Trust Ghana. We are the first private pension company in Ghana providing a pension product for workers in the informal sector. In Ghana over 85% of labor is done in the informal sector, for example as a farmer or a market trader. Financial planning is difficult because of irregular income and a lack of financial products available. Life expectancy is increasing and without a pension people fall back into poverty at an old age. Over 10 million people in the informal sector are faced with these challenges every day. PPT has designed a tailor-made pension product offering people the flexibility they desire. Members can contribute using their mobile phone, by cash payment, or through a savings group. Contributions are flexible so participants can save when they want, and how much they want. Our pension managers educate prospective clients on the importance of saving for their pension. Equipped with a tablet and fingerprint scanner, pension managers use our IT platform to quickly and securely manage clients pensions. Participants immediately receive a text message confirming their registration or contribution, ensuring them that their money is safely invested. Ghana has many saving groups. Groups meet on a weekly basis, and members encourage one another to contribute to their pension. Pension managers visit these groups regularly to provide financial education and build a strong, trusting relationship. A mobile wallet enables this farmer to contribute, withdraw, or collect his pension using a feature phone – no internet or smartphone is needed. At any time, participants can withdraw up to 50% of their contribution. This enables them to also meet their short term financial needs. We work together with cooperatives, associations, and cocoa buyers to reach out to the 2 million people active in the cocoa sector in Ghana. By 2022 we will reach half a million participants in Ghana; but our ambition is larger than that. Together with our partners and our team in the Netherlands we aim to set up pension funds in 8 countries in the next 10 years. Our mission is to make pensions available and affordable to those working in the informal sector.
Retirement Plans: Last Week Tonight with John Oliver (HBO)
 
21:30
Saving for retirement means navigating a potential minefield of high fees and bad advice. Billy Eichner and Kristin Chenoweth share some tips. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Views: 9560972 LastWeekTonight
Tim Bennett Explains: How pensions work
 
13:22
The second video in our three-part series explains in jargon-free language how final salary (defined benefit) and money purchase (defined contribution) pensions work.
Views: 46273 Killik & Co
Zurich Life - How does a pension work?
 
01:07
There are choices you make in life that will have a huge impact on your future – getting an education, surrounding yourself with supportive people and picking a career. You can add starting a pension to the list. But before you start making choices, you need to know how a pension works.
Views: 395787 Zurich Ireland
Retirement Tips: How to create your own Personal Pension Plan
 
09:15
Most retirees are not prepared for the income loss they will face during retirement. Social security and 401(k)s will most likely not be enough to sustain the lifestyle you have become accustomed to. Developing your own personal pension plan will help you overcome these challenges.
Views: 31631 SafeMoneyPlaces
Dingell Hears Directly from People Affected by Pension Crisis
 
13:05
Congresswoman Debbie Dingell (MI-12) participated in a field hearing in Columbus, OH of the Joint Select Committee on Solvency of Multiemployer Plans. The hearing featured testimony from employers, participants, and retirees that are affected by multiemployer pension plans facing insolvency.
The Canadian Pension Plan (CPP) - The Risks & The Solutions
 
16:05
Josh Sigurdson talks with author and economic analyst John Sneisen about the Canadian Pension Plan (CPP) and the risk involved. While the CPP claims they're protecting people from fraud and potentially losing their hard earned money, the CPP can be considered a monopoly and the potential of mismanagement and loss of assets. John Sneisen explains how the CPP risks people's earnings, how it can go wrong and why people should protect their own money by putting money in real physical assets like sound money, precious metals and why you should keep your money away from the banks. He makes global comparisons and explains how the CPP invests your money. The fear and potential of losing your pension is real and there are ways to avoid a ruined retirement to the best of your ability as markets are unstable, manipulated and monopolized and headed to sure doom. Of course putting your money in gold as insurance and avoiding paper and electronic money as much as possible is something one should seriously consider after some research. Paper money always has and always will revert to its natural value of zero. Silver and gold have preserved value and been incredible security in the case of an economic crash for thousands of years and the global collapse that is currently looming is likely going to be the biggest crash the world has ever seen. As always, this is our opinion as legally we can't give advice without some statist education but look this information up for yourselves and you'll see we're serious. We are messengers trying to make sure you have the information that will keep yourselves and your families safe in the event of the inevitable collapse. Stay tuned for more! Video edited by Josh Sigurdson Featuring: John Thore Stub Sneisen Josh Sigurdson Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here and you may be rewarded! https://www.patreon.com/user?u=2652072&ty=h World Alternative Media 2016 "Find the truth, be the change."
Defined benefit plans
 
06:31
Defined benefit Plans In addition to qualified and non-qualified plans, pension plans also can be divided into defined benefit plans and defined contribution plans. Defined benefit plans are the traditional pension plans usually offered by large, established companies or government employers. Defined contribution plans are newer creations and include 401(k) and 403(b) savings plans. How defined benefit plans work Under a defined benefit plan a company typically makes a promise to provide a certain benefit to employees when they retire. The benefit, defined in advance, usually depends on the employee's salary and the number of years of employment. For example, a company may promise to make payments of $40 per month times the number of years of service. Under this formula a person who retired after twenty years would receive $800 in monthly benefits. Notice the future benefit is defined in advance. Now it's up to the company to contribute enough money and manage the investments well enough to meet these promises. Why defined benefit plans are disappearing These defined benefit programs, however, are becoming increasingly rare. Because they promise a defined benefit, the employer is liable for keeping its promises. If the stock and bond markets perform poorly, the employer must chip more money into the plan to meet its obligations. Defined benefit programs are also expensive to manage. Because benefits are often promised for the life of the worker, defined benefit plans require complex actuarial calculations to ensure the benefits will be paid. Although defined benefit plans are losing their popularity, they still cover tens of millions of workers at large companies and government employers, so let's take a closer look at them. History of defined benefit programs and the PBGC Corporate pensions began to become popular in America in the 1930s and these retirement plans were almost exclusively defined benefit plans. These plans underwent a radical change in 1974 when Congress passed the Employee Retirement Income Security Act after the bankruptcy of a few large companies and the subsequent destruction of their pension plans. With the passage of ERISA, almost all large pension plans had to purchase insurance from a federally chartered corporation called the Pension Benefit Guaranty Corporation. If a company goes bankrupt and the pension plan is underfunded, the PBGC steps in and makes payments to the retirees. However the PBGC doesn't guarantee special early retirement or medical benefits given to retirees, and it doesn't cover defined benefit plans offered by employers with 25 or fewer employees. Check on your pension plan's health So you should be aware of your pension plan's viability. Your company is required to give you an annual summary statement disclosing the pension's health. Each year you should also get an individual benefit sheet which shows what you might get from the pension. Also, companies are required to send notices to employees if the pension funding is less than 90 percent of liabilities. You also can request to see IRS Form 5500, a detailed form which qualified pension plans must file. Public employee pensions Finally, if you're an employee of a state or local government, you may want to look into your pension plan's finances as well. There are about 9,000 public employee pension plans covering 16 million teachers, firemen and other state and local workers. Many of these people are in plans that are seriously underfunded. When Congress passed ERISA to force private employers to disclose information and otherwise protect their pension plans, Congress exempted state and local governments. Politicians have taken advantage of this to use pension plans as a convenient way of buying votes now, while pushing the liability off to future taxpayers. By promising pension increases today, politicians can avoid ugly strikes with powerful unions. When workers retire with increased benefits 20 years from now, the politicians responsible for this shell game will be long gone. This has lead to some seriously underfunded pension plans. Many midwest and New England states have funded only 60 percent of their pension liability. One of the worst offenders is the West Virginia Teachers' Retirement System. It recently had a liability of $3.7 billion, and yet had under $400 million in assets. Of course the worst offender is the federal government, which has an unfunded pension liability for it's workers of hundreds of billions of dollars. If you work for a government agency that has a seriously underfunded pension plan, you should save a little extra money on your own. You'll probably get some kind of pension, but it's doubtful that tomorrow's taxpayers will be willing to pay for untenable promises made by yesterday's politicians. You're lucky if you have a defined benefit plan Copyright 1997 by David Luhman http://moneyhop.com/scripts/retirement-planning/060-defined-benefit-plans
Views: 2429 MoneyHop.com
Andrew Agemy--Time to Create Your Own Pension Plan! #3654
 
19:47
Andrew Agemy is concerned about the retirement crisis. It's time to create your own pension plan if especially if employer doesn't offer one. Companies are getting rid of the traditional pension plans and fewer and fewer people are going to have a retirement income besides Social Security. Some will have 401(k) plans and other savings, but most won't have a guaranteed or promise income for their retirement. It's not that people necessarily need $1 million or $2 million or $3 million at Retirement. What they need is a check to replace the check that has stopped now that they have stopped working. They may use that $1, $2, $3 million to help them do that but typically that won't be a promised or guaranteed income. Most often it means withdrawing from there Funds with no guarantees or promises - just hope. There are things that people can do to guarantee themselves and income at retirement – creating their own pension. There are also ways to receive a promised income that they can count on although it's not guaranteed.
Views: 167 FSN GoldandSilver
Value of OMERS Defined Benefit Pension Plan
 
01:37
Defined benefit (DB) pension plans not only provide a secure source of income for many retired Ontarians, they also have a positive impact on local, provincial, and national economies. As part of an ongoing effort to communicate the value of DB plans, OMERS has created an animated video which details these positive economic impacts. The video draws on information from a 2013 Boston Consulting Group (BCG) study that confirmed that DB pension plans provide significant benefits to the economy. Our focus at OMERS is on ensuring the people who serve our communities are able to retire with confidence that their pensions are secure and sustainable over the long term. This video clearly explains how the defined benefit pension model provides retirement security benefits to our members, while also creating many positive ripple economic effects beyond our immediate membership.
Views: 4840 OMERS
Best Pension Plan of Lic By: Ritesh Lic Advisor
 
15:40
Best Pension Plan of Lic- This video contains plans information about bank, post office and Life Insurance Corporation of India. If you do not want to deposit money again and again and You are young And you want to arrange a pension. The Life Insurance Corporation of India is Know by the name of Lic and some people also call the life Insurance corporation of india as Lic of India. The Hindi Meaning of Life Insurance Corporation of India is Bhartiy Jeevan Bima nigam. All the videos uploaded to our YouTube channel Ritesh Lic Advisor provide you detailed information about the plans of the Life Insurance Corporation of India in simple Hindi language. On our channel you will get various types of information about Lic of India. As Like- You can get unlimited Gyan through our video to invest in the Life Insurance Corporation of India. All types of motivational video are loaded for LIC agents. Here also you will find information on LIC's agents how to make your business successful. If you are the customer of Life Insurance Corporation India And you have already made a policy of LIC So many types of information related to your policy service are available on our channel.How can you take online and offline LIC services For customers of Bhartiy Jeevan Bima Nigam, our channel Ritesh Lic Advisor is useful as Like LIC Customer Care. You can say this channel's videos gyan tube for Lic of india. I have made this channel impressed by Narendra Modi's digital India. जादुई डायरी पार्ट https://youtu.be/7zGH7DpYuz8 https://youtu.be/ecvnLBDwPsw https://youtu.be/GVlTPA_r8DY https://youtu.be/GS-lQBjxpK8 How to manage your money in hindi https://youtu.be/jp0SsC66QjQ What is Due, What is Grace Period and what is Policy Laps https://youtu.be/Dsz6rimUVj8 What is Grace Period https://youtu.be/qXQJy-Yt4Zk Bonus Calculation in Lic Policy https://youtu.be/Fd_gjWUztrk How to calculate Money Back Policy Interest Rate https://youtu.be/QSPVH6ZXE-s Fixed Deposit Calculation For Lic Agent https://youtu.be/gAi25Fe21gY What is Grace Period? रियायती अवधि क्या है https://youtu.be/qXQJy-Yt4Zk
Views: 42747 Ritesh Lic Advisor
10- New Pension Scheme for Private sector Employees (Hindi)
 
20:37
Do you know PVT sector employees can plan retirement with NPS.Any one can avail this benefit.This video explains how NPS works,calculate Pension,exit rules,death benefits.
Employer Pension Plans: Defined Benefit Plan | Your Money, Your Choices with Susan Daley
 
04:20
Many employees may find the pension plan provided by their employer somewhat of a mystery. In this episode of Your Money, Your Choices, I will provide some clarity on the "holy grail" of employer pension plans: the Defined Benefit plan, and why the benefits usually outweigh the risks. Unfortunately, these types of pension plans have become rare. So what is replacing them? I'll cover that in my next video. I put out new videos every other week, so be sure to subscribe to my channel, and click the bell to receive notifications every time I post a new video on YouTube. ------------------- Visit PWL Capital: https://goo.gl/uPcXg7 Follow PWL Capital on: - Twitter: https://twitter.com/PWLCapital - Facebook: https://www.facebook.com/PWLCapital - LinkedIN: https://www.linkedin.com/company/pwl-capital Follow Susan Daley on - Twitter: https://twitter.com/_SusanDaley - LinkedIN: https://linkedin.com/in/daleysusan
What happens when a pension fund runs out of money?
 
02:45
The fate of 273,000 union workers' and retirees' benefits is in the hands of Ken Feinberg, who has been tapped to review the Central States Pension Fund's proposed cuts.
Views: 48855 CNNMoney
How Does A Defined Benefit Pension Plan Work?
 
00:46
Three reasons to stick with a defined benefit pension plan the employee argument against plans contribution vs. 12 jul 2016 with defined benefit plans, employers also promise to top up the if i start work at 25 and retire at 65, my first pension cheque won't arrive until 40 years after my first paycheque. How does a defined benefit pension plan work? A db provides specific at 24a plan, most often known as pension, is retirement account in both cases, you just show up for work and, assuming meet basic if yours does, should definitely participate the contribution well 9 dec 2015 with your employer hires an investment company to retirees that i overwhelmingly want safety and peace of mind not do have enough saved 'semi retire' when turn 54? . A defined benefit pension plan is a type of in which an employer sponsor plans the u. Defined benefit pension plan wikipedia. What's the difference between a defined benefit plan and general overview pension nicholas plans youtube. Currently do not have contribution amount per month based on the time an employee works for a company how defined benefit plans work? Note many pension plan formulas also reduce benefits by percentage of social is retirement that employer sponsors, where tax qualified has same characteristics as but working additional year increases receives does differ from plan? Performance after funds are deposited, these require little work and pensions work; How to out your income; Checking if you this, up 25. Hoopp my money work simply put defined contribution benefit what's best or plan? . 17 jan 2014 fair or not, many people associate defined benefit [ ] individuals do not have any retirement plan in place, let alone a pension plan. Of liquidity as working capital to keep their businesses running, pension plans may not 18 mar 2015 defined benefit provide members (pension speak for employees who participate in the plan) with a level of retirement income based on 19 jul 2017 if you work private sector employer provides traditional pension, might consider putting place back up plan find out latest rules about inheritance tax and how ahead much you'll get benefits taking lump sum. Understanding defined benefit plans axa equitablehow does a pension plan differ from schemes explained money advice servicedefined contribution. Retirement plans may be categorized as either defined benefit or contribution. Of course, in reality many people do switch a comparison between defined benefit pension plans such as hoopp and contribution. Defined benefit plan and a time. Toronto defined benefit plans the overlooked retirement vehicle for how do employee pension work? Retirement what to if your plan is frozen. Outside of the civil service, relatively few people are covered by defined benefit pension plans,' says steve bonnar, a principal with but do employees benefit? . Factors like the number of years a participant works for employer (years this stream periodic payments generally is known as pension or nefe do
Views: 29 Robert Robert
Supreme Court order se EPFO ne diye 113 crore | Ab employee pension badhana hua aasaan
 
10:22
Employee Pension Scheme, 1995 (EPS) or Pension Yojana had a new clause that no one knew about. By the time the news reached to the masses, the EPFO ruled out the possibility of increased pension by giving an arbitrary statement. Lawsuits then followed the EPF India from different parts of India and now the matter was in the hands of the supreme court that decided to rule in favor of the People. It ordered the EPFO to pay the increased pension all those who started contributing to the EPS scheme before November 2014 at the higher wages. Mr. Praveen Kohili was one of one them and the first person to get his pension increased by 1200% (from 2372 to 30592). But the struggle of a lot of other pensioners still remain, they are yet to get the increased pension, a lot of them don't even know how to avail higher pension, a lot of them don't even know about such a case of higher pension. We at Labour Law Advisor, aim to reach those people who can be benefitted by this supreme court ruling and avail higher pension under the Employee Pension Scheme 1995. This is a breaking news yet failed to reach the concerned parties, please help us share this news and making it reach to the people who can really use a higher pension for their retirement planning. In this latest news, we tell you about 2 very important circulars of EPFO India to all their departments across India, instructing them to process higher pension for eligible pensioners without any delays. They have also integrated a software to help you calculate pension, and get to know how much higher pension you are entitled to. Praveen Kohli vs EPF case will be shared in detail with you, stay tuned for an in-depth interview of MR. KOHLI, it might just help you. Visit: For ESI, PF Consultancy or Payroll Outsourcing:- http://esipfadvisor.com/ esipfadvisor@gmail.com Like us on Facebook: https://www.facebook.com/esipfadvisor Follow our Blog: http://esipfadvisor.com//blog Documents related to an annual preventive health checkup https://drive.google.com/drive/folders/1w3IyHthCsKudjWVDXEiV8E_Ebejodfht?usp=sharing Useful videos below: PF withdrawal process online | EPF का पैसा निकालने का आसान तरीका https://youtu.be/uv8q6Rgb8lk Confirmation Slip | EPF payment receipt https://youtu.be/JemphDo6o38 UAN number kaiser pata kare? | How to check/know UAN number from aadhar card? https://youtu.be/J5PpHv2MdzI ESIC benefits https://youtu.be/QGxO1lmCxdc How to Generate Direct UAN with AADHAR card | अपना UAN Number खुद create करें | https://youtu.be/hhTmJ2CPBJA EPF correction online| PF Name, DOB, AADHAR, Gender Change Process| Verification Method https://youtu.be/yHEq1oU72sY ESIC Challan Payment Online Procedure https://youtu.be/YeGfvHcdatw How to pay EPF online | PF Challan Payment https://youtu.be/XGNpVoB5wgA How to link ADHAAR with UAN Using Umang Mobile app | https://youtu.be/PQmFdX_4vA0 New EPF Establishment Registration Online | EPF Monthly Return https://youtu.be/bsqKtZrV6qk New ESI Establishment Registration Online | ESIC Monthly Return https://youtu.be/k1TXBq0hzpI How to activate UAN number (Hindi) https://youtu.be/NVc8nwuJElE How to check EPF or PF Balance - 5 Easy online methods https://youtu.be/VvZWxwPOyhQ Employee Provident Fund Act (EPF) Calculation https://youtu.be/ABcU3ug1ecE Employee Provident Fund Act 1952 explained | What is EPF Act https://youtu.be/y9kyV2N5cfY Employee State Insurance Act 1948 (ESI Act) Explained with Calculation & Example https://youtu.be/PXOXwCAHKug Adding new employee to EPF https://youtu.be/cJRLX7ayXXY Proof of PMRPY benefit in PF ECR | 100% Working Example https://youtu.be/UlhallS-wZ8 How to fill EPF nomination form online/offline and update PF nominee https://youtu.be/AtJSJPGN-Qs EPF KYC update online process with KYC approved by employer https://youtu.be/qojg3jnKAm8 New UAN activation online process [100% working] | Activate UAN number https://youtu.be/n0B0sGDQq78 UAN mobile number change | UAN password forgot? Reset https://youtu.be/5HcxCfP6xLA PMRPY 2018 | How to register/add new employee to PMRPY portal for full 12% benefit https://youtu.be/49x7DU4sz8A How to Download ESIC e-pehchan card | ESI ID card for treatment online https://youtu.be/eTRRhzloePg [100% working] How to download EPF passbook https://youtu.be/Q5qT1ArGMSE How to register DSC (digital signature) on EPF employer portal and approve KYC (HINDI) https://youtu.be/BVZEuGG1Kpw
Views: 52828 Labour Law Advisor
People's Republic of China : Universal Pension Extension
 
02:41
The Chinese social insurance pension schemes cover up to 820 million people. Watch the video to find out how this accomplishment was achieved, and how this impacts people's lives. More information on the ILO work in China, visit http://www.ilo.org/beijing/lang--en/index.htm This video is featured at the ILO 16th Asia and the Pacific Regional Meeting (APRM) , in Bali, Indonesia, from 6-9 December 2016. The APRM, which is held every four years, is expected to bring together around 450 delegates from more than 40 countries in Asia, the Pacific and the Arab States. The meeting will discuss regional world-of-work priorities and the ILO’s vision for realising decent work from 2016 to 2021. For more information on the16th APRM, visit ilo.org/aprm2016
UPS TO CUT TEAMSTERS PENSION BENEFITS BY 20%  10-13-2017
 
02:20
Teamsters from both here in Springfield and the Kansas City area rallied this morning at the local UPS center to raise awareness about a proposed plan to cut their pensions by 20%. Some of those who showed up for this morning's rally used to work for UPS. Wes Epperson, a retired Kansas City Teamster, says, "Some of us worked in freight; I was a UPS driver." Burley Swift of Springfield says, "I was in the Teamsters and I worked for Consumers here in Springfield." But they're all retired Teamsters who rely on the same pension fund. "I paid into this retirement for 27 years; nobody gave it to me," says Swift. The pension fund is in trouble, and its trustees are looking at restructuring to avoid the fund eventually failing. UPS has proposed a 20% cut to benefits to once again make the pension plan viable. "It will affect anybody that's in the Teamsters pension plan," says Swift. Ralliers say a cut would hurt 400,000 Teamsters accross the country. Epperson says, "You're talking house payments, car payments; a lot of people have high medical expenses and prescriptions, diabetes, cancer, heart disease. We're all retirees."
Views: 5208 NEWZZCAFE
How to Calculate Pension Expense for a Defined-Benefit Plan
 
05:04
This video shows how to calculate pension expense for a defined-benefit plan. A comprehensive example is provided to illustrate how (1) service cost, (2) interest cost, (3) expected return on plan assets, (4) amortization of gains or losses (corridor amortization), and (5) amortization of prior service cost are tallied to generate pension expense. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 22902 Edspira
Surviving Retirement Without A Pension S.4 | Ep. 17
 
24:45
Fewer and fewer people are able to count on having a pension in retirement. According to The Washington Post, 39% of private sector workers In 1980 had a pension. In 2015, only 15% of private sector workers could count on a pension for income during their retirement. So chances are you won't be able to count on a pension for a source of income in your retirement years. Financial experts Joe Anderson and Alan Clopine give you strategies to save for retirement even if you don't start saving until you are 50 years-old. Important Points: (1:00) - Financial Focus (2:06) - Frozen Pension Plans: You can't rely 100% on pensions anymore (4:05) - The Wobbly 3-Legged Stool of Retirement (4:39) - Social Security Eligibility (5:20) - When to take Social Security? (6:20) - Why waiting longer to take Social Security is a good strategy (8:50) - True or False? According to the Social Security Administration, the Trust Fund is projected to last until 2035.  Accordingly, it's best not to include any Social Security payments in your retirement plan. (10:55) - Countdown to Retirement (12:20) - Boosting your Savings: How much can a 50-year-old save if they want to get serious about their future? (14:26) - How to Boost Your Retirement Savings (16:00) - The importance of retiring later…especially without a pension (17:10) - Reasons to Work Part-Time in Retirement (18:25) - True or False? Most people inherit money from relatives, so that money should be factored into their retirement plan. (19:34) - Accessing Your Home Equity in Retirement (20:35) - Email Question #1: My husband is 72 and I am 51. If I don't reach retirement age before he passes away, will I still be able to claim his social security benefits? (21:46) - Email Question #2: I'm 54 years-old and playing catchup on building up my retirement funds. How should I account for inflation when estimating how much money I will need in retirement? (23:31) - Email Question #3: I have the chance to take a job that pays 15% less than the salary I currently make, but it comes with a pension and free health care for the rest of my life if I stay at the job for a decade. How can I determine if the cut in income is worth the other benefits? Broadcast Date: September 17, 2017 If you would like to schedule a free assessment with one of our CFP® professionals, click here: https://purefinancial.com/lp/free-assessment/ Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.” https://www.youtube.com/subscription_center?add_user=PureFinancialCFP Channels & show times: http://yourmoneyyourwealth.com https://purefinancial.com IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor. • Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. • All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. • Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
Tripura launching new pension scheme
 
02:41
Every day we updated here new and latest news about Tripura to we r update Tripura launching new pension scheme
Views: 7556 Black Tiger News
Pension CRASH Is Coming! - Congress's Committee To Bail Out Pension Funds
 
11:02
Josh Sigurdson talks with author and economic analyst John Sneisen about the coming pension crash as a new story comes out regarding Congress's new committee to bail out 200 pension funds! You know it's bad when congress is so eagerly expecting the failure of the pension system. So-called private plans or the 1400 multi-employer plans in question are in a $553 billion short fall. In the new, big government spending bill, congress snuck in a provision that creates a committee that allows congress to use federal funds to bail out as many as 200 multi-employer pension plans. These are plans where employees and unions jointly provide funds. Of course this is corporatism to the max. Pensions are dependence. Unfortunately so many have been thrown into that dependence unwillingly. Individuals should save for themselves. All people should be looking to save for their futures. Unfortunately, the government and banks force people into giving part of their earnings to some centralized authority that usually employees know nothing about and are supposed to trust them to correctly manage their savings. So instead of saving in what one has done due diligence into, some insolvent bank will make the decisions. And they are insolvent. We recently reported on the cash to deposit ratio at banks and they are completely bankrupt. So to trust them with your money is incredibly risky. Young people are unlikely to ever get a pension which is why it's important young people learn about money and savings themselves and look to whatever they come to believe in. As we approach a massive fiat crash, the likes of which the world has never seen (inevitably), it's time people start taking real precautions and be financially responsible. There's hardly anything more important. Self sustainability is the hallmark of freedom and life itself. Stay tuned as we continue to cover this growing issue. Video edited by Josh Sigurdson Featuring: Josh Sigurdson Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU Buy Tickets for G. Edward Griffin's much anticipated Red Pill Expo 2018 in Spokane, Washington by clicking the link below: https://redpillexpo.org/wam/ref/26/ World Alternative Media 2018 "Find the truth, be the change!"
Private Pensions ***Easily Explained** Private Pension
 
11:50
What are private pensions – What is a private pension annuity? http://www.RetireSharp.com 1-800-566-1002. What are the best types of private pensions for retirement and learn how you can avoid the most common mistakes that individuals have made when looking to purchase a private pension plan. This is the time when private pensions can do a whole lot of good to you. There are several schemes and policies available which can be quite helpful to solve the financial issues. But, those need to be dealt with during the time when the person is still an employed one and have years of service before facing up with retirement. Pension fund: A pension fund is the umbrella term to describe the assets built up in a pension plan. This can be shaped in a number of ways, including through your employer or by way of private pensions. The investment built up through the years is used at retirement to purchase a pension annuity. Pension payments cause customers to worry about while taking pension schemes. Different modes like automatic bank transfers, post dated checks can be used to pay the pension premiums. Private pensions are first preference of customers because you need not to run to pension offices for processing. In just one call of your executive will come at your door step to provide you the best services. A pension annuity will assure you a lifetime income. However, the amount of this income depends entirely on the annuity chosen. That is why it is so important to make the correct decision when making a selection. The difference between annuities can add up to 30% more income each year for the rest of your life. When people choose a pension annuity or turn 75 one year it is time to sign a contract with a provider. When applying for a pension annuity, the verbal agreement may sound perfect, but the contract may contain some relevant information about the security of the money they are investing. One of the important things to look for is the floor policy of the contract. This protects the investments from being lost completely. Besides the difference in income plans, pension annuity rates are usually dependable on other factors like life expectancy, medical status, smoking habits and other things. Until recently men were receiving better pension annuity rates because they have a shorter life expectancy according to the statistics. The European Court recognized this as sex discrimination and significant changes will be implied in the pension annuity market. While there were differences for male and female, this option is probably going to get eliminated. It is not difficult to get very good retirement pension annuity rates if the correct policy is chosen. Since rates vary on retirement pension annuities, it is important that research be done to find the best one possible. In doing this research you need to investigate all possibilities. While one offer might be lower, it might not be the best one available. Feel free to subscribe to our YouTube channel and receive instant access on different retirement related topics. Thanks for watching! Related Search terms: Private pensions fully explained Top individual private pension plan Best private pensions What is the best private pension from retirement plans How to rollover my 401k to create a private pension through an insurance company https://www.youtube.com/watch?v=ydaTuebA1dY
Views: 2348 retiresharp
How To Value My Pension?
 
05:54
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 41614 The Dave Ramsey Show
What Is a Pension? | Financial Terms
 
02:53
Watch more How to Understand Personal Finance Terms videos: http://www.howcast.com/videos/491846-What-Is-a-Pension-Financial-Terms You may have access to a pension through your employer, and what a pension basically is, is a guarantee from your employer to pay you a certain amount of monthly income when you retire for the rest of your life. So that's terrific! I mean, it's hard to save enough money on your own for retirement but this type of employer benefit really can help you meat your retirement goals. So how does it work? Basically, based on the number of years, that you worked there, your age or salary, a whole bunch of different things, your employer is going to determine what kind of benefit you're going to get. So let me give you an example: let's say I make 15.000 dollars a year from my job and I'm getting ready to retire. But I've been there a long time and my employer, based on their pension agreement will say: "you know what? We'll going to pay you a pension when you retire. We're going to pay you 20.000 dollar per year for the rest of your life." So certainly, it's not what I was making but it's a big component of my retirement income when compared with my own saving and maybe some money from social security that can help me live at the standard of living I was used to in retirement. Now, there's two big decisions people have to make with the pension. Number one: you have to decide when are you going to start collecting it. Sometimes there's a range of ages when your eligible to collect the pension and if you collect it early that's good because you're getting the money sooner but you're usually getting a smaller benefit amount, and that's not going to change. The other decision you have to make is what type of pension option you want to choose. If I'm getting 20.000 dollar a year in pension for the rest of my life what happens if I pass away two weeks after I retire. Is all that money wasted? Can any of that money go to my wife, my children or other beneficiary? So sometimes there are a variety of pension options that you can choose from with fancy sounding names like 15% or 75% or 100% survival options and all that really means that you're making a decision. Do I want more money today for income and I leave less to somebody else or am I willing to take a little less income to provide some protection for family members of other beneficiary. Keep in mind, most pensions have gone away from a lot of employees during thought economic times for companies and other government organizations. But if you still have a pension you want to make sure you evaluate where that falls into your overall retirement plan and that you make those decisions I talked about in a way that makes the most amount of sense for your situation.
Views: 14104 Howcast
The Pension BUBBLE Is Getting Worse - State Pension Funds May COLLAPSE!
 
12:45
Josh Sigurdson talks with author and economic analyst John Sneisen about the growing pension bubble and why it may burst sooner than later. In the most recent news, state pensions are at risk of crashing. According to a recent study by The Pew Charitable Trusts, the risk of a collapse is massive if the economy sees a downturn and we all know the economy inevitably has to crash considering all fiat currencies eventually revert to their true value of zero going back to 1024AD in China. The study shows pension funds in New Jersey and Kentucky are most at risk of crashing as they see a large decrease in public pension system funding. The states saw pension funding levels decrease from 100% to 31% between fiscal years 2000 to 2016. New Jersey and Kentucky according to the study have the lowest funded state pension systems in the United States. “Even after eight years of economic recovery—eight straight years of stock market gains—the public pension plans are more vulnerable than they’ve ever been to the next recession,” researcher Greg Mennis said in an interview with the Associated Press. Now of course Mennis seems to believe there was a recovery since 2008 when we know that almost all banks are still insolvent and stocks are bubbled to unthinkable levels, due for a bubble burst of their own at any time. Though of course fundamentals are off the table due to the level of manipulation, so we cannot put a date on the crash, we just know it has to happen eventually and we're seeing a lot of tell-tale signs as of recently. We've also reported on other studies showing the pension shortfall at 400 trillion dollars by the year 2050. It's unlikely it'll last that long, but keep in mind, that's more than 4 times the global GDP. People born in 2007 are said to likely live to an average age of 103. How is half a life going to be funded by taxpayers? It's impossible. It's just another strategy to shove the populace into debt servitude as they are dependent (often forcibly) into letting the banks and government decide where their money will go and what it'll be invested in. This stops people from saving for themselves, understanding the system and making the right choices as individuals. If people at a vast scale understood money, they would choose to save money for their future themselves and it would be far less risky and far more lucrative. If this goes on much longer, we will all be in the poor house. People need to learn to be self sustainable and financially responsible. It's the only way around the inevitable collapse of the pension system which will affect nearly everyone. Stay tuned for more from WAM! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU Buy Tickets for G. Edward Griffin's much anticipated Red Pill Expo 2018 in Spokane, Washington by clicking the link below: https://redpillexpo.org/wam/ref/26/ World Alternative Media 2018 "Find the truth, be the change!"
Who Is The Retirement Security Initiative?
 
01:23
Who are the people behind the Retirement Security Initiative's plan to gut pensions for millions of Americans? Learn more at ProtectPensions.org/RSI.
Will Finance Department release KSRTC Pension Plans ? FOR THE PEOPLE 29 06 2016 | Kaumudy TV
 
21:17
കനിവിന്റെ കൈതാങ്ങ് തേടി കെ.എസ്.ആർ.ടീ.സീ .. Will Finance Department of Kerala release KSRTC Pension Plans ? FOR THE PEOPLE 29 06 2016 | Kaumudy TV Find us on :- YouTube : https://goo.gl/7Piw2y Google + : https://goo.gl/e44hba Facebook : http://goo.gl/5drgCV Website : http://www.kaumudy.tv
Views: 1840 Kaumudy
Warning! Pension Plans Are Running Out Of Money, New York, New Jersey & Central States
 
02:12
The New York Teamster Road Carriers Local 707 Pension Fund has run out of money. As a result the Pension Benefit Guaranty Corporation has been forced to step in, to ensure payments are made to retirees, but at a reduced rate. One retiree that spoke to the Daily News stated he had his $48,000 a year pension cut in half. If it wasn’t for the PBGC intervention, retirees would not receive a dime, because their pension fund is out of money. Also on the brink of drying up are the pensions for two Teamster locals - 641 and 560 - in New Jersey, according to union officials. Also, 35,000 Teamster members of upstate New York are experiencing a hemorrhaging of their New York State Teamsters Pension Funds. Unfortunately, these are not the only pension funds that are bleeding themselves dry. The Central States Pension Fund, is on the brink of financial disaster and could leave 407,000 retirees without income promised to them. Some teamsters have experienced a 66% cut in their monthly income associated with their pension plan and it’s possible the day is coming when the Pension Benefit Guaranty Corporation will run out of money and will not be able to make pension payments, even at a reduced rate. This is a crisis that is and will affect the lives of more than a million people across the nation. In addition, when retirees have less money to spend the economy will suffer creating a domino effect of the worse kind. Subscribe to Get Ready Productions YouTube channel for the latest information on the pension crisis in America. Sponsor Me On Patreon https://www.patreon.com/bePatron?c=695624 "Skills to Pay the Bills" the course that teaches you how to write the perfect resume, prepare for job interviews and time management. https://www.udemy.com/skills-to-pay-the-bills/ Mom Said "A Little Book To Grow By" 66 biographical rhymes of successful individuals in American history. This book will inspire you to overcome challenges in your life. https://www.amazon.com/Mom-Said-Little-Book-Grow/dp/1530951879/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1461708051&sr=8-2 Steps In Success, the book I wrote for students to use to achieve their aspirations. https://read.amazon.com/kp/embed?linkCode=kpe&ref_=cm_sw_r_kb_dp_Y8hZwb0309NKG&asin=B01BNWGQO2&tag=kpembed-20&from=Bookcard&preview=newtab&reshareId=JD5V3GHMT9YY86H8T2RM&reshareChannel=system Amazon Store (Shop With Me) http://www.getreadyproductions.com/?page_id=144007 LinkedIn https://www.linkedin.com/home?trk=nav_responsive_tab_home Facebook https://www.facebook.com/getreadyproductions/ Twitter https://twitter.com/StepsInSuccess Resume Writing Service http://www.getreadyproductions.com/?page_id=4526 Patreon (Sponsor Me) https://www.patreon.com/davidnaylor
Views: 1184 Get Ready Productions
Why is the So Called 'Nationalist' Modi Govt Destroying the Armed Forces?
 
20:34
Retired Lt. General Prakash Katoch talks to defence analyst D Raghunandan about the state of the armed forces under the current NDA government. From failure to implement the One Rank One Pension scheme, to the opening of Cantonment Roads, they discuss the many ways in which a government, that prides itself on being nationalistic is destroying the armed forces, the very people they call their national heroes.
Views: 49240 NewsClickin
Illinois Pension Plans are BANKRUPT! Now EVERYONE Will Be Forced to Bail It Out!
 
08:34
LOOK THROUGH MY BOOKS!: http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 BITCOIN: 1MbAUXsHa8XRFMHjGurd7L5nRDYJYMQQmq ETHEREUM: 0xece0Dd6D0b4617A8D94cff634C64155bb1cD8C2C LITECOIN: LWh6fji4WrJT7FAbFvFSZ9jVNCgVM3dHod DASH: Xj9RXrvhXbaL3prMDvdzAxM8gDB2vDiZrh MONERO:47q5qDPkDBLRadwcSXDsri3PNniYRYY1HYAhidXWAg8xXHFFZHFi7i9GwwmZN9J5CJd8exT4WARpg2asCzkuoTmd3dfcXr6 ******************************************************************** STEEMIT: https://steemit.com/@themoneygps DTUBE: https://dtube.video/c/themoneygps VIDME: https://vid.me/themoneygps T-SHIRTS: http://themoneygps.com/store ******************************************************************** Sources Used in This Video: https://goo.gl/UpprQe
Views: 8685 The Money GPS
Retirement Pension - Retirement Pensions Explained
 
14:04
What are the retirement pensions – What is a retirement pension? http://www.RetireSharp.com 1-800-566-1002. What are the best type of retirement pensions for retirement and learn how you can avoid the most common mistakes that individuals have made when looking to purchase a retirement pension. Retirement Pension Plans According to the 2nd edition of the Encyclopedia of Business, "the term pension plan is now used to describe a variety of retirement programs that companies establish as a benefit for their employees-including 401(k), profit-sharing, simplified employee pension (SEP) and Keogh plans. In the past, however, pension plans were differentiated from other types of retirement plans in that employers were committed to providing a certain monetary level of benefits to employees upon retirement." In the United States, a retirement scheme such as an employee pension plan is sponsored by a company for their employees with varying levels of employer-employee percentage contribution. As an employee, you have some say and rights as to the type of pension plans you and your employer will invest in. Every detail of your arrangement is guided by the employer's policies and procedures. Basic retirement pension plans usually refer to a choice of annuities and life insurance policies which can be whole life or universal life. Many insurance companies have come up with variations of these two basic types to inject some innovative features to edge out their competitors such as affordable premiums, disability, pre-termination, early withdrawals and cash loans provisions. Some people have independent pension plans such as Keogh plans for small business owners and independent contractors. Even employees are still getting supplemental personal pension plans as a backup for their retirement savings. A personal pension plan for retirement usually involves investing in one or more types of life insurance or annuities. The amount you pay is invested and earns dividends or interest. You should be aware of the tax benefits you get under this program. Your investment will continue to grow and compound and whatever is the agreed terms and conditions are stipulated in the policy or investment document issued to you. They have also the traditional retirement pension plan with their ICICI Pru Immediate Annuity which is a plan that gives lifetime income. It enables you to begin receiving your income annuity after payment of premium. You can avail of this plan at the minimum age of 45 and the maximum age of 80. You can choose a one-time lump sum policy with 5 payout options and modes. The annuity amount will be based on the applicable rate at time of purchase which is guaranteed for life. Whether you are employed or self employed, there are a variety of retirement pension plans available to you. The earlier you plan the type of retirement service plan to sustain your lifestyle in your golden years, the better for you and your loved ones. When you start contributions at an early age, you can rest assured that if you handle your retirement investment well, it will grow and be sufficient when your reach retirement age. With the rise in inflation, longer lifespan, bigger health maintenance budget and the desire for financial independence, you will need to calculate exactly and accurately how much you will need to live joyfully and comfortably! Feel free to subscribe to our YouTube channel and receive instant access on different retirement related topics. Thanks for watching! Related Search terms: Retirement pension annuities Retirement pensions for income Retirement pension explained Retirement pension reviews Retirement pensions review What is the best fixed indexed retirement pension vs the top immediate income retirement pension annuity https://www.youtube.com/watch?v=HxVVEGXViNM
Views: 4286 retiresharp
The Coming Pensions Crisis
 
06:03
20 of the world's biggest countries facing a pension shortfall worth $78 trillion. That’s the math according to a new report from Citigroup Inc report called, “The Coming Pensions Crisis, As a society, we have made trillions of dollars of financial promises to these Baby Boomers, and there is no way that we are going to be able to keep those promises.  The money simply is not there. Corporations have also not consistently met their pension obligation and most US and UK corporate pension plans remain underfunded with an aggregate fund status in the US of just 82%. "Forgive us our debts..." Rome adopted this tradition, experience had shown them that the practice of lending money at interest inherently destabilized society. Rome lasted as a Republic for about 500 years. The Rome of the emperors lasted another 400 years and the eastern empire another 500 years after that. In contrast the United States has lasted 233 years, that's right we're next for a reset, no way around it. Social security systems, national pension plans, private sector pensions, and individual retirement accounts are unfunded or underfunded across the globe. Debt Cancellation in Mesopotamia and Egypt from 3000 to 1000 BC http://www.globalresearch.ca/debt-cancellation-in-mesopotamia-and-egypt-from-3000-to-1000-bc/5303136 Citigroup Inc report http://www.apapr.ro/images/BIBLIOTECA/reformageneralitati/2016%20citi.pdf Video: Channel 'RT TV' https://www.rt.com/shows/boom-bust/352630-us-india-apple-airbnb/
Views: 3990 G.C.C.U.
Pensions In Jeopardy
 
29:41
Please subscribe! I speak with Dr. Lee Warren of PLIM.ORG about the under funded pension plans nationwide and what people need to do to protect themselves. Over 400k people will lose most of their pension and the link is here http://money.cnn.com/2016/05/20/retirement/central-states-pension-fund/index.html?iid=TL_Popular . Is your pension safe? The link is here http://money.cnn.com/2015/10/20/retirement/pension-fund-cuts/index.html . Pension bubble http://www.zerohedge.com/news/2016-06-10/pension-bubble-how-defaults-will-occur . Listen to Bill Holter of jsmineset.com talk about your pensions https://www.youtube.com/watch?v=qXlSjh25fsE . Thanks for watching!
Views: 2930 bigdad06
Facilities For Disabled Person in India (Hindi)
 
07:48
Facilities For Disabled Person in India (Hindi) Myshared4u gives u video which is helpful to you Hi Welcome to Myshard4u Our channel gives you free knowladge which you want we are always try to do something new which you like we try to slove your problems which you not solve. we upload simple video in hindi language Our target is to provide best video for knowladge we are try to do something new always If you want to follow us than subscribe us on youtube or like our facebook page which link is given below our best video is 7th Pay Commission confusions On OROP And Increment | Myshared4u https://www.youtube.com/watch?v=IJDLRnGqm0E New Pension Scheme In India [In Hindi ] https://www.youtube.com/watch?v=pJckcsVFeIE Goods and service Tax https://www.youtube.com/watch?v=y2kErIqzvCA 7th pay commission [calculation and arrers ] https://www.youtube.com/watch?v=1GCPM-4RbgI How to get Reliance Free Jio Sim https://www.youtube.com/watch?v=KIlxJoxpeLs google chrome not working ? https://www.youtube.com/watch?v=-qPvvgCzhSY rivers of india https://www.youtube.com/watch?v=nTcb9PszcGY dance in india https://www.youtube.com/watch?v=XxozG5_VboE List Of Indian Cities On Rivers (Hindi) Updated https://www.youtube.com/watch?v=5ORArJ3MGrg Facilities For Disabled Person in India (Hindi) |Disabled person
Views: 75095 Myshared4u
Pension: Lump Sum vs. Annuity (Part 2)
 
04:00
Individuals with certain types of pension plans may often choose between a lump sum distribution or monthly income for life. We talk with many people who initially favor the lump sum.
Face to Face with Retirement Security and the Canada Pension Plan
 
52:45
Organized labour wants to expand the Canada Pension Plan to provide a better retirement for people. Private pensions are having problems, the CPP can provide a successful alternative as long as we are careful about how it is managed. We all know about the CPP, but maybe not as much as we think; Stan Dzbik of the Victoria Labour Council fills us in, along with Ken Georgetti of the Canadian Labour Congress, Mike Eso of the VLC, Dr. Michael Prince UVIC Professor of Social Policy, BC Forum president Gerry Edwards and Hassan Yussuf, secretary-treasurer of the Canadian Labour Congress. An important issue that we'd better be keeping our eye on. © 2010/2012 Lazarus Productions
Views: 2560 Ictv Victoria
How To Plan For Retirement
 
02:55
"How to Plan for Retirement". A simple guide to help you retire with peace of mind. PST: Hello, its me, Professor KnowItAll... and yes, I'll be giving you the very best tips so you can retire with peace of mind... EXP: Hello Professor, are you now an expert on that topic? PST: Of course... EXP: Oh, OK, so you're all ready for retirement? PST: Of course! I'm ready! EXP: So then, you have money saved? PST: Well, not exactly but I have a plan... I will live with my kids... EXP: Living with your family during retirement can be very gratifying, but surely you don't want to be a burden on them...Did you know that people in the United States, on average, live 20 years after they retire? In general, people need almost 80% of what they earn in order to live comfortably after retiring That's a lot of money, so you'll definitely need a good plan in order to get there. OK, don't panic yet. It's never too late to start or even too early. Let me tell you what you should do so that the next time, you can give people good advice. PST: Sounds good. EXP: Professor, according to the Consumer Action Handbook, the first thing is recognizing the importance of saving for retirement. The three most common options are: One: Pension benefits, offered by some places of employment. Two: Savings and investments, started by you. Three: Social Security, which is the Federal Governments retirement plan. Now, if you're still working, find out if your place of employment offers a pension plan and how it works. Some companies also offer a 401k plan. PST: Four 01 what? I've never heard of that truck, but mine is newer... EXP: I'm not talking about vehicles here, I'm talking about retirement plans in which, if you save, your company will match a percentage of the contributions you make. PST: Oh, that's like free money. EXP: Exactly. Sometimes you impress me, Professor! In order to plan well for retirement, you must consider what types of expenses you'll have, whether you'll work or not, if you'll have additional medical insurance, or if you'll have costly hobbies, like traveling. There are many things to consider, so you may want to consult a financial expert for help. PST: Yikes, I'm feeling dizzy... EXP: Professor, you can also ask for help and get tips from the following organizations: AARP, American Savings Education Council, Department of Labor Securities and Exchange Commission, Social Security Administration PST: Ufff...I'm feeling a little better now. EXP: Professor, this is all about saving not spending... Better yet, let me remind you to visit USA.gov or in Spanish at GobiernoUSA.gov where you can learn more about all of this and other interesting topics for consumers. And remember, you can also order your free "Consumer Action Handbook "...
Views: 40823 USAgov/archive
How to Calculate Pension Expense for a Defined-Contribution Plan such as a 401k
 
03:47
This video shows how to calculate pension expense and record the pension expense journal entry for a defined-contribution plan (such as a money purchase plan or a 401k). Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 7586 Edspira
Splitting Retirement Plans in Divorce - What You Need to Know
 
17:57
LOOKING FOR HELP? https://divorceandyourmoney.com/coaching/ DIVORCE AND YOUR MONEY: https://divorceandyourmoney.com/ PODCASTS: https://divorceandyourmoney.com/category/podcasts/ SUBSCRIBE:https://www.youtube.com/channel/UCNQxj3zzwP3qLWOg9tza4mA?view_as=subscriber Host, Shawn Leamon, MBA and a Certified Divorce Analyst, talks about the complex subject of retirement plans.   Retirement plans come in different forms, the most common of which is an IRA. If you or your spouse has worked at some point during your life, it is very likely that you have an IRA of some kind. It works by deducting some specific amount from your pay and saves it. In a simple IRA, you can contribute money until the age of 70, after which time you will have to withdraw a certain amount each year. A Roth IRA is a retirement plan under U.S. law that is generally not taxed, provided certain conditions are met. There is no mandatory withdrawal age, and it is easy on restrictions. In a Sep IRA, the company contributes to the account.   Splitting IRAs in a divorce is easy, only requiring an order from the court that states how the assets are to be split, and usually no tax consequences are involved.   Pension plans and defined contribution plans are more complex issues. A pension plan is characterized by a company promising specific benefits after an employee’s retirement. These are also called defined benefit plans because the benefits you receive are usually guaranteed. Defined Contribution Plans are different, as they involve defining a specific amount held by the holder. The same method applies to both for dividing them. This process is called a QDRO and has specific instructions on how to split the plans. You will need to consider many factors when you think about splitting these plans.   A QDRO has two sets of information. The basic set includes your basic information and evaluation date. QDROs become complicated because of the information they can’t include, for example, giving certain benefits to a spouse that are not already allocated in the plan. As these plans have strict legal complications and rules, they need to be followed properly. They also require a specialist to prepare them, given the legal, technical, and investment complications involved. You can find a specialist by searching QDRO and the name of your state, and you should do this as soon as possible.   Key Learning Points: Retirement plans are complex. An IRA is the most common form of retirement plan. Splitting IRAs in a divorce is easy, only requiring an order from a judge. IRAs usually do not have any tax consequences. Pension Plans and Defined Contribution Plans are complicated. These plans have the same method for dividing them, which is called a QDRO. A specialist is needed to prepare it because of its complexity. Thank you for listening to the Divorce and Your Money Podcast. We hope the show helps you through one of the most difficult periods of your life. Shawn Leamon is also the author of Divorceand Your Money: The No Nonsense Guide. One-on-one divorce coaching services are available at www.divorceandyourmoney.com.   If you enjoyed the show, please take a moment to leave a review on iTunes, as it will help other people discover this helpful advice.  
Modi Govt. का Senior Citizens का तोहफा, Pension Scheme का दिया Gift
 
02:27
Modi government has announced The Pradhan Mantri Vaya Vandana Yojana for senior citizens. It will be available from 4th May, 2017 to 3rd May, 2018. The scheme is currently being implemented by the Life Insurance Corporation of India. सबका साथ सबका विकास की राह पर चल रही मोदी सरकार ने सीनीयर सिटिजन को बड़ा तोहफा दिया है। अपने इस तोहफा से मोदी सरकार ने ना सिर्फ वरिष्ठ नागरिकों का दिल खुश कर दिया है बल्कि उनका बुढापा और आसान कर दिया है। Producer - Kavita Video Editor Ajay Upadhyay Subscribe Us for Latest News & Updates ►http://bit.ly/NMFNEWS Download the NMF News APP ► http://bit.ly/2gIeX6Y Stay Connected with Us : Facebook ► http://bit.ly/2hrPApV Tumblr ► http://bit.ly/2gIe1zq Blogger ► http://bit.ly/2grbqwa
Views: 99009 NMF News
Pension vs 401k - Pension vs 401k for Dummies
 
19:27
What are pensions vs 401ks – What is a pension vs 401k? 1-800-566-1002 http://www.RetireSharp.com . What are the best types of pensions vs best type of 401ks and learn how you can avoid the most common mistakes that individuals have made when looking into a pension vs 401k. The 401k Vs A Traditional Pension Plan - Which Is Best For You? The American Dream traditionally involved getting a job with a company for 40 years, building up a big pension and then retiring to enjoy your golden years on that pension. Sadly, this notion of the American Dream has become a fantasy for most Americans over the last 20 years. Although retiring and living comfortably is still an option, the 401k plan has surpassed the pension plan as the retirement vehicle of choice. Pensions When most people think of pensions, they are really thinking of retirement platforms known as defined benefit plans. These plans offer a guaranteed payout amount when one retires. The amount is determined by the years you work, amount contributed, salary and other factors that vary from plan to plan. When your grandfather worked for General Electric for 40 years, his pension was a defined benefit plan. 401k The 401k is a more modern retirement platform and one that has become increasingly popular with companies. Ready to be surprised? 401k plans have only existed since the 1980s and they weren't even intended to help the common worker when they were created. Instead, they were supposed to be used to provide added benefits to executives. Regardless, they are now used by companies as retirement vehicles for executives and employees alike. The modern 401k plan is really a defined contribution plan. This simply means that employees can contribute up to a certain amount when they choose to do so. Employers have the option, but not requirement, to also contribute to the employers account. Over time, the employer vests in the account and takes 100 percent ownership of the money in it although they can't withdraw it until the legal retirement age unless they want to pass very high tax rates. Control One of the major differences between 401ks and traditional pension plans is the issue of control. Specifically, who controls how the money is invested once it is in the plan? With the traditional pension plan, the trustee for the pension has control and tends to make very conservative investments so as to protect the pool of money. In a 401k, the employee usually has control over how the money will be invested. There may be limits on the type or number of investments he or she can pursue, but that is the only restriction. Which Is Best? The 401k would be the obvious answer if this question was asked five years ago. Since then, however, the Great Recession hit and a lot of employees realized that perhaps they weren't so great at picking stocks after all. The idea of having a stable, conservative investment like those found in pensions has started to seem a lot more attractive to such people than it did before the economic troubles came along. The real answer to this question, however, depends entirely on the views of the person considering the question. If one is comfortable with the investment world, than a 401k makes sense. If you would rather leave investment decisions to someone else, a pension plan may be the way to go. Personally, I prefer the 401k plan for a couple of reasons. The first is I want control of my investments. The second is I like the fact I can change the amount I can contribute to it each year. This gives me a certain amount of flexibility depending on how the economy is performing. Ultimately, you will have to make your own decision when it comes to this issue. Regardless of the direction you decide to go, make sure to maximize your retirement savings as much as possible to ensure a comfortable time in your golden years. Feel free to subscribe to our YouTube channel and receive instant access on different retirement related topics. Thanks for watching! Related Search terms: Pension vs 401 k Pensions vs 401k for retirement income Pension vs 401k explained Pension vs 401k reviews Pension vs 401k review What is the best fixed indexed annuity pension vs 401k vs the top immediate income pension vs 401k https://www.youtube.com/watch?v=L1QdfF4swX8
Views: 12016 retiresharp
Leaving a Pension Plan
 
11:17
Leaving a Pension Plan Business Career College is a national financial services education provider. See our insurance, financial planning and continuing education courses, including self-paced and instructor led options, at https://www.businesscareercollege.com For great industry articles, follow on Twitter (https://twitter.com/JasonWattBCC) or like on Facebook (https://www.facebook.com/BusinessCareerCollege/).
Views: 4118 BCC Education
Canadian Old Age Security Pension Plan
 
07:46
This is a Video I worked collaboratively with Xuan Zhang for WoodGreen Community Services http://www.woodgreen.org/ Vectors by: http://www.freepik.com/ and http://www.lanrentuku.com/
Views: 7145 Ray Huang
Atal Pension Yojana (APY) - Details, Benefits, Eligibility & How to Apply - In Hindi
 
24:49
Atal Pension Yojana (APY) its Details, Benefits, Eligibility & How to Apply I am going to explain you in hindi. Government of India is concerned about the old age income security of the working poor and is focused on encouraging and enabling them to save for their retirement. To address the longevity risks among the workers in unorganized sector and to encourage the workers in unorganized sector to voluntarily save for their retirement. The Government of India announced the scheme called Atal Pension Yojana (APY) in 2015-16 budget. APY is a guaranteed pension scheme and is administered by the Pension Fund Regulatory and Development Authority (PFRDA). Features of APY 1. Under the APY, there is guaranteed minimum monthly pension for the subscribers ranging between Rs. 1000 and Rs. 5000 per month. 2. The benefit of minimum pension would be guaranteed by the GOI.(One can claim the benefits once he\she reaches 60 years of age) 3. OBSOLETE - GoI will also co-contribute 50% of the subscriber’s contribution or Rs. 1000 per annum, whichever is lower. Government co-contribution is available for those who are not covered by any Statutory Social Security Schemes and is not income tax payer. GoI will co-contribute to each eligible subscriber, for a period of 5 years who joins the scheme between the period 1st June, 2015 to 31st December, 2015. The benefit of five years of government Co-contribution under APY would not exceed 5 years for all subscribers including migrated Swavalamban beneficiaries. 4. All bank account holders may join APY(Auto debit process for contribution). Eligibility 1. APY is applicable to all citizen of India aged between 18-40 years. 2. Aadhaar will be the primary KYC. Aadhar and mobile number are recommended to be obtained from subscribers for the ease of operation of the scheme. If not available at the time of registration, Aadhar details may also be submitted later stage. Some Points to Consider 1. No Tax Benefit 2. No Premature withdrawal(except death or special medical condition). 3. Not having any permanent retirement account number. Contribution Calculator\Chart https://npscra.nsdl.co.in/nsdl/faq/APY-FAQs.pdf https://www.icicibank.com/Personal-Banking/account-deposit/pension-schemes/atal-pension-yojana/index.page Atal Pension Yojana(APY) Details https://www.npscra.nsdl.co.in/scheme-details.php Form Link https://npscra.nsdl.co.in/nsdl/forms/APY%20Subscriber%20Registration-Form.pdf Frequently asked questions https://npscra.nsdl.co.in/nsdl/faq/APY-FAQs.pdf Mentioned some of the banks and there apply procedure for APY State Bank of India Download the form(from below link) and apply by going in your branch https://www.sbp.co.in/govt-business/pdf/subscriber_registration_form-APy.pdf ICICI Bank You can apply from your netbanking account, Details in below Link https://www.icicibank.com/Personal-Banking/account-deposit/pension-schemes/atal-pension-yojana/how-to-subscribe.page? Union Bank of India Apply by submitting the filled form in the branch, Download the form from below link http://www.unionbankofindia.co.in/atalpension.aspx IDBI Bank Apply by submitting the filled form in the branch, Download the form from below link https://www.idbi.com:8443/pdf/apply-now/APY_subscriberregistration_form-Eng.pdf Axis Bank Meet Bank Manager fill the form and submit https://www.axisbank.com/retail/investment/atal-pension-yojana/faqs HDFC Bank Meet Bank Manager fill the form and submit Bank of Baroda Meet Bank Manager fill the form and submit Kotak Mahindra Bank Apply online http://www.kotak.com/personal-banking/investments-insurance/atal-pension-yojana.html#apply-online Punjab National Bank Apply by submitting the filled form in the branch, Download the form from below link https://www.pnbindia.in/document/Financial-Inclusion/atal_pension_yojana_subscriber_form.pdf Please watch the complete video for proper understanding. Links of things which I use to create my videos Samson Go Mic : http://amzn.to/2naBtLM Pop Filter : http://amzn.to/2nAxB7N JBL Earphones : http://amzn.to/2naHx7i Microsoft Office 365 : http://amzn.to/2nojNNc Memory Card : http://amzn.to/2naCzar HP Laptop : http://amzn.to/2nG2XqJ If you like my video please make me happy by Share, Support, Subscribe!!! Subscribe: https://goo.gl/XVxPRt Youtube: https://www.youtube.com/c/TECHBULU Twitter: https://twitter.com/techbulu Facebook: https://www.facebook.com/techbulu/ Pinterest: https://www.pinterest.com/techbulu/ Google Plus: https://goo.gl/sZhdc0 Blogger: http://www.techbulu.com/ About : TECHBULU is a YouTube Channel, where you will find technical, travel and lifestyle videos, New Video is Posted Everyday :)
Views: 75645 TECH BULU
Parameters of pension reform plan released; 18% interest plan to be phased out
 
02:09
Vice President Chen Chien-jen outlined the government''s pension reform plan today. The goal of the reform program, he said, is to extend by nine to 14 years Taiwan''s major pension plans, which are expected to run out of money by between 2027 and 2031. It will increase pension premium rates and phase out the preferential 18 percent savings rate program. In the plan announced today, the 18 percent interest drawn by some public employees on retirement accounts will be phased out. It will be slashed by half, to 9 percent, when the plan takes effect and then by 3 percent every two years after that until it disappears by 2024. But people will be guaranteed a basic income. Chen Chien-jenVice PresidentTo safeguard the retirements of older people with shorter public service careers, we will set a “basic living allowance.” We’re discussing two options, of NT$25,000 and NT$32,160, and will choose whichever one makes sense. If a person’s income falls below that without the 18 percent benefit, the benefit will not be adjusted. The income replacement rate for public employees and the minimum age at which they can collect a pension will also be adjusted. Chen Chien-jenVice PresidentIn the future, the average income replacement rate for retirees will be set at 60 percent of twice their base pay, in effect about 70.8 percent of their actual income. The minimum retirement age will go one year higher every year from 55 to 65. People in more hazardous occupations, like police and firefighters, or in special occupations, like middle and elementary school teachers, will be allowed to collect pensions earlier. Also, pension premium rates will be raised to 18 percent. The new system will also allow portable pensions. People with both labor and government insurance can calculate benefits from the two programs together, giving security to people who go between the public and private sector. The government expects to finalize the plan at a National Affairs Council meeting on January 22.
Views: 865 Formosa EnglishNews