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Although the popularity of pensions has been declining in recent years, many employees still rely on pensions or ”defined benefit” plans as their primary source of retirement income. In a defined benefit plan, the employee pays into a fund during their working years and receives a fixed monthly income at retirement, based on the...

Amber Guymon grew up in a legal-minded household as the daughter. of a Salt Lake City attorney and a superior court judicial assistant. “Talk at the dinner table was all about court cases and litigation," she says. "I remember discussing the strategy and the stories with my parents. My dad would try so hard...