Defined contribution plans come in varieties like 403(b), 457, and Thrift Savings Plans. You choose investment options within your plan, determining the ultimate value of your retirement fund.

You typically don't fork over any of your paycheck to participate in a defined benefit plan. Your employer does. But you do have to put your own money into a defined contribution plan like a 401(k ...

plan and a profit-sharing plan. Employees do not pay taxes on the money in the account until the funds are distributed, usually when they retire. Contributions to a profit-sharing plan are made by ...

Johnny Greig / Getty Images A collective defined contribution (CDC) plan is a retirement savings plan in the United Kingdom in which pooled contributions are invested to provide members an income ...