In most cases people are confused on the source of investment they should have faith upon after retirement. Most of us opt for pension plans in order to remain in the safer side of finance management. Pension plan can be generally of two types. The first type is the pension plan which is sponsored by the employer and the second one is a non sponsored pension plan. Both the pension plans have their own advantages and disadvantages.

It is up to the individual to decide whether an employee spo...