Vancouver, British Columbia--(Newsfile Corp. - July 12, 2013) - InvestmentPitch has launched a series of videos explaining the various pension plan options available to employees. The first in the series discussed defined benefit plans.
This, the second in the series, discusses defined contribution plans. To view the video, please click on this link. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Pension Plans" in the search box.
If you cannot view the video above, please visit:
http://www.investmentpitch.com/video/0_vuoyg518/
As the name suggests, with a defined contribution plan, an employee's benefits are not pre-determined, but based on the growth of the total contributions within each individual retirement plan account at the time an employee retires.
Unlike with a defined benefit pension plan, where the funds for all pension plan members are pooled into one investment plan and controlled by a plan administrator, with a defined contribution plan, investment of the funds is generally directed by the employees from a selection of investment options. With a defined contribution plan, an employee's future payouts rest solely on the employee's shoulders, so it is important for each employee to make wise investment choices. For more information visit InvestmentPitch.com.
About InvestmentPitch
InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing short three minute videos based on significant news releases, research reports, corporate updates and educational products.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com
