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Why Companies Are Shifting from Defined Benefit to Defined Contribution Plans

Why Companies Are Shifting from Defined Benefit to Defined Contribution Plans

September 17, 2024 Category: Blog

In recent years, many companies have been transitioning from traditional Defined Benefit (DB) plans to Defined Contribution (DC) plans. This shift is being driven by factors that benefit both employers and employees, reflecting changes in financial landscapes and workforce dynamics. In this blog, we’ll delve into the reasons behind this transitio

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