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Received a promotion, and the option to change retirement plans from defined benefit to defined contribution, but not sure which to go with.
Received a promotion, and the option to change retirement plans from defined benefit to defined contribution, but not sure which to go with. I’m currently 36 with 10 years at my current role, and I just received a promotion at a state university in Virginia which will switch me from a staff to a faculty role. With this new role comes the option to change retirement plans. I’m currently in a defined benefit plan (already vested), but have the option to switch to a defined contribution...
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