[Musket]

and then the company providing the pension payouts goes bankrupt and what do you get? Nothin. I'm stickin' with 401k.

[Tauzero]

TANSTAAFL. Also true of 401(k)s.

[Tymesup]

Corporate defined benefit plan contributions are deposited in a trust. The corporation is not allowed to touch the money once it's in the trust. The corporation is subject to penalties if it does not put enough money into the trust. Finally, if there is not enough money in the trust to pay benefits, the Pension Benefit Guaranty Corporation will pay for them.

[bloodmeridian]

With my company's match I'm putting 20 percent of my pay into my 401K. I'm sticking it out too.