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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (180165)1/17/2006 11:09:24 PM
From: Peter Dierks  Read Replies (1) | Respond to of 281500
 
"would you choose defined benefits or defined contributions? "

Contibutions! as long as I was able to control the investments in some non trivial way.



To: michael97123 who wrote (180165)1/18/2006 7:23:25 PM
From: Brumar89  Read Replies (1) | Respond to of 281500
 
a federal pension system where managers are selected and choices given to investors within the context of fiduciary responsiblity.

Sounds fine to me.

Lets be honest, what would you choose defined benefits or defined contributions?


contributions

Most folks would be buying enron loaded hyped funds at some point and blow the retirment imho.

I think most people, if given the choice, would stick it in a low return but safe account and earn less than they could. A lot of people with company savings accounts do that.