Which Retirement Plan Comes With A Guaranteed Benefit At Retirement? 
There are qualified defined benefit retirement plans , although not as popular than defined contribution plans . A qualified defined benefit plan sets a retirement date and future benefit . To maintain the schedule date and benefit , adjustments in contributions are made to maintain the target date and benefit . Non-qualified annuity plans that are annuitized the policy for lifetime income generally have a fixed benefit or payout as well . 