Basics of Alternative Retirement Plans

For each option, rank by your preference using the numbers 1 through 4, where 1 is lowest preference and 4 is highest preference.

Guaranteed income plan (traditional pension)

Guaranteed return plan (with option to annuitize savings at retirement)

Defined contribution plan (with option to annuitize savings at retirement)

Hybrid retirement plan (with option to annuitize savings at retirement)

Which of these best describes you?

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