For a defined benefit plan, I don’t need to care. For defined contribution plan,... | Hacker News

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		sokoloff 7 months ago \| parent \| context \| favorite \| on: Jane Street barred from Indian markets as regulato... For a defined benefit plan, I don’t need to care. For defined contribution plan, I care (but can usually choose investments). I personally only have 401k, IRA, and after-tax investments, no pension.

BobaFloutist 7 months ago [–]

For defined benefit you need to care if it goes insolvent.

sokoloff 7 months ago | [–]

That's where PBGC comes in: https://www.pbgc.gov/wr/benefits/guaranteed-benefits/your-gu...

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