Dolphin Financial Radio

Which is better - a 401(k) plan or a Pension plan? As the traditional pension plans (defined benefit) have quickly been replaced by the 401(k) plans (defined contribution), we have seen more people struggling with retirement. Could it be that pensions are actually better than 401(k) plans? Is the guaranteed income from a pension a better option than the flexibility of a lump sum from a 401(k)? Join us as we discuss these option in detail and determine which is better - perhaps the answer is both should be used!?