The 401k Vs A Traditional Pension Plan – Which Is Best For You?

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The 401k Vs A Traditional Pension Plan – Which Is Best For You?

The American Dream traditionally involved getting a job with a company for 40 years, building up a big pension and then retiring to enjoy your golden years on that pension. Sadly, this notion of the American Dream has become a fantasy for most Americans over the last 20 years. Although retiring and living comfortably is still an option, the 401k plan has surpassed the pension plan as the retirement vehicle of choice.

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