Meemâs Bottom Covered Bridge. One of the best-known covered bridges is the 204-foot single-span Burr arch truss known as Meemâs Bottom Covered Bridge in Mount Jackson. Mount Jackson, Virginia is located in the heart of the Shenandoah Valley and offers beauty and history around every corner. I hope you enjoy your visit and please come back to see us soon. - Mayor of Mount Jackson, J. G. Bucky Miller.
With a defined contribution pension you build up a pot of money that you can then use to provide an income in retirement. Take a quarter of your pension pot (or of the amount you allocate for drawdown) as a tax-free lump sum, then use the rest to provide a regular taxable income. 2  Take a quarter of your pot as a tax-free lump sum and then convert some or all of the rest into a taxable retirement income (known as an annuity).
About Defined Contribution Plans. A defined contribution plan specifies how much money will go into a retirement plan today. The amount typically is either a percentage of an employee's salary or a specific dollar amount. defined contribution plan specifies how much money will go into a retirement plan today. The amount typically is either a percentage of an employee's salary or a specific dollar amount.