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Title: 401(K) Plans by Dearborn Publishing ISBN: 0-7931-5049-3 Publisher: Dearborn Financial Publishing Pub. Date: 01 February, 2002 Format: Paperback Volumes: 1 List Price(USD): $37.00

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Average Customer Rating: 2.5 (2 reviews)

Rating: 3
Summary: Much Better Than Previous Version
Comment: Pension books are like Y2k Survival Guides. Once the year in question is over, what good is the book? That's what you run into with Pension books nowadays, material that has to be updated on a yearly basis or it's woefully out of date.

As I mentioned in a previous review of the 1996/97 version of this book, it was lacking in the compliance and regulatory sections. These sections are KEY to understanding pension plans.

As a former student of Dearborn's security texts, I can tell you they are THE source for any of the securities exams - absolute top notch. But when it comes to pensions, they need to incorporate more detail and focus separately on defined contribution and defined benefit plans.

Rating: 2
Summary: Okay, but not up to date...
Comment: In a field as "ever-changing" as retirement plan management and pension administration, it takes a special set of resources to keep up with these changes. Dearborn is excellent, simply top notch with their securities and insurance publications; but with defined contribution and pension plans, unfortunately, their data is lacking, too basic, and out of date. Emphasis should be placed on compliance testing as well as the reform bills passed through congress affecting pension plans. I just don't feel this is covered here.

If you want the creme de la creme of pension books, get Aspen Publishing's pension answer book series.