1 Discuss and contrast the features of the retirement plans
1. Discuss and contrast the features of the retirement plans offered by Analytical Solutions and Precision Manufacturing.
2. Which plan do you think is more desirable? Consider the features, retirement age, and benefit computations just described. Which plan do you think could be subject to a conversion to a cash-balance plan sometime in the future? Explain. Include in your answer the implications for the employee’s future retirement benefits.
3. Explain how you would use each of these plans in developing your own retirement program.
4. What role, if any, could annuities play in these retirement programs? Discuss the pros and cons of using annuities as a part of retirement planning.

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