Fortune Benefits, Inc. Atlanta 401(k) and pension administration.
Home News COLA Limits Request Proposal Calculators Resources About Us  
"Our mission is to help Americans find a better way to prepare for retirement." Mike Fortune, President
 
The Fortune Marketplace Top-tier resources for your business
· Defined Benefit

A defined benefit plan promises a specified monthly benefit at retirement. The plan may state this promised benefit as an exact dollar amount, such as $100 per month at retirement. Or, more commonly, it may calculate a benefit through a plan formula that considers such factors as salary and service — for example, 1 percent of average salary for the last 5 years of employment for every year of service with an employer. The benefits in most traditional defined benefit plans are protected, within certain limitations, by federal insurance provided through the Pension Benefit Guaranty Corporation (PBGC).

Contacting Us
Fortune Benefits, Inc.
267 West Wieuca Road, N.E.
Suite 202
Atlanta, Georgia 30342

404-250-1303 Phone
404-250-1304 Facsimile

   
 
Home · News · COLA Limits · Request Proposal · Calculators · Resources · About Us
© Copyright Fortune Benefits, Inc. Atlanta Web Design by
Kapp Koncepts.
Fortune Benefits, Inc.