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Is it better to go with a pension or a 401k plan?
Is it better to go with a pension or a 401k plan? Hey yall I got a job that offers two options…a 401k and a pension plan…the pension plan is 6% pre tax deduction and It’s a defined benefit of 2% a year with a vesting period of 5. They “may” give up to 2% cola adjustment every year. The other option is a 6 percent match on a 401k…also with a 5 year vesting period. If I leave before 5 yrs I only...
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