Pension Plans or 401(k) Plans: What's Right For You?

The million dollar question is, Will You Retire Comfortably? Learning more about your retirement plan can pay big dividends. Albert Crenshaw of the Washinton Post writes an article titled: How Promising Are Pension Plans?: (washingtonpost.com) Sunday, November 21, 2004; Page F01

Traditional pension funds are generally run by professional money managers, following well-known rules for making prudent investments.
Section 401(k) plans are run by their owners -- in other words, the likes of you and me -- following who knows what strategy, constrained only by the investment options offered by their employers. " more

With social security up in ther air and ripe for reform this is a must read. Reference Link