We also use cookies set by other sites to help us deliver content from their services. Pension plans used to be common in the workplaceat one point, the vast majority of private sector workers had one. .dol-alert-status-error .alert-status-container {display:inline;font-size:1.4em;color:#e31c3d;} It's a set amount that does not depend on how well the investments perform. Twice as many workers (43%) participate in a defined contribution plan. A defined contribution plan is a common workplace retirement plan in which an employee contributes a portion of compensation and the employer typically makes a matching contribution. "Retirement Topics - Exceptions to Tax on Early Distributions. Investment earnings are credited to this account. [CDATA[/* >
