My company recently got rid of our pension in return for a higher 401k match. Which would you prefer?

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Posting as :
works at
You are currently posting as works at

I'd have to play out the numbers a bit. But I think if my company got rid of a previous investment option and replaced it with something else, I'd have to assume that it is benefitting their bottom line. Doesn't necessarily mean it will end up worse for you, but they aren't making that change out of generosity.

A defined benefit plan is usually better but it’s tough to say without running the numbers.

Depends. I left a job with a pension.
It wasn't very good - I would have worked there 40yrs to get 800k.

You can beat that return easily with an Index fund.

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