DB(k) plans, which were created in the 2006 tax code, may be launched as early as January. The plans are appealing because they combine a 401(k)-like savings vehicle with a guarantee resembling that found in a traditional pension plan. The plans will be allowed at firms with fewer than 500 employees, but some want Congress to allow all firms to implement the plans. The new plans were developed by the American Society of Pension Professionals and Actuaries and Principal Financial Group.
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