Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Bates & Company, Inc.
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Why Workers Undervalue Traditional Pension Plans
Money Dec. 15, 2014 "With growing acknowledgment that lifetime income is critical, and largely missing from most workers' plans, it seems odd that so many workers would value a 401(k) over a traditional pension. This may be because guaranteed income doesn't seem so important while you are still at work or, as has lately been the case, the stock market is rising at a rapid pace. It may also be that the 401(k) is the only savings plan many young workers have ever known, and they value having control over their assets." |
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