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What kind of pension plan do you have?

I have a pension plan. This was a corporate pension plan, so I had a choice of how I wanted it to pay out. I opted to receive the payment monthly for life. If I die next week, the extra money stays in the plan. If I live to be 200 years old, they still have to pay. That's how this kind of pension works.

Remember the old pension plans? They may still exist, though they've largely been replaced by IRAs. The company contributes to the plan for you. If you leave before you vest, the money stays in the account for the benefit of other beneficiaries. I left a couple of companies and didn't get a dime back.
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