Direct answer
It depends on your career mobility and the specific terms of the plan, as a 401(k) offers portability while a pension provides a guaranteed income stream regardless of market performance.
Comparative analysis from Department of Labor guidelines on defined benefit versus defined contribution plans.
What this means for you
It depends on your career mobility and the specific terms of the plan, as a 401(k) offers portability while a pension provides a guaranteed income stream regardless of market performance.
ANNUITYFACTCHECK
Protecting Your Future with Confidence
No pressure. No jargon. Just honest answers from advisors who genuinely care about your family’s protection.
This page is informational and not a coverage guarantee or quote.
One Response