I recently got a job with my university at a 100k salary and they're having me choose a retirement plan. They do 8% then 10% contribution into 401k..or i can choose to put 6% into a pension. I don't think I can do both or else I would.
The pension vesting period is ten years. However, I think I'm going to want to end up staying here. I've moved around jobs a lot and landed in a place I want to be, in an area I like. I'm 28 and want to start saving for a house etc.
I know pensions aren't too big to fail but most nys workers I know are living pretty comfortably in retirement.
Link to the differences : http://ift.tt/2h3o0DE
Submitted August 17, 2017 at 09:17AM by Sayanga http://ift.tt/2uLJA6w
