A defined benefit plan is a type of retirement plan sponsored by an employer. The Employee Retirement Income Security Act (ERISA) covers two types of retirement plans: defined benefit plans and defined contribution plans. A defined benefit plan is commonly called a “Pension”. A defined benefit plan promises a specified monthly benefit at retirement. The [...]
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The Ohio Department of Jobs and Family Services (ODJFS) administrates the child support system. ODJFS published a manual for calculating child support. The manual answers many questions and should be referenced when performing a calculation. Child Support Manual. The manual provides a line-by-line guide for child support worksheets. In Ohio, child support is determined [...]