Originally Posted by walkinwood
What's to stop them from changing terms down the road?
this why 99% of the people i w*rk with who retire take the lump sum from our DB plan.
i never realized how good my benefits at w*rk are. We still have a defined benefit plan which has some health component to it and a defined contribution plan which they match 4% to 1%, up to 8% (100% vesting outright). i'm now vested in the DB plan, but plan on seeing none of it in retirement (same with SS). i will consider anything outside my retirement account lagniappe (french icing, if you will).