By Byron Moore, posted February 5, 2018
Originally published in the News Star and the Shreveport Times on Sunday, February 4, 2018.
Question: What is the difference between a pension and a 401K plan? I know they both have to do with retirement, but are they the same thing?
Answer: They are not.
In some ways, retirement planning is like a math problem. In reality, it is much more than a math problem, but there are similarities.