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Old 04-15-2008, 09:48 AM
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Spud Spud is offline
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My husband's company has a pension/profit sharing plan. As far as I'm aware, it works like an employer-contribution-only 401(k) where they invest the money on our behalf. We'll pay taxes upon withdrawal. They put in a random amount of money for him every year, depending on how they are doing. It's some, but not a lot of money. His 401(k) plan is 3x the value of the pension plan.


All these different retirement accounts put together will (hopefully, theoretically!) allow us a comfortable retirement. But any one of them by itself is not enough.
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