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Money and Finances
Reply to "401K plus pension"
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[quote=Anonymous]Look into whether the pension is inflation adjusted. On my plan, inflation adjustment doesn’t kick in until you are 62. Inflation is covered for the first 2 percent, but not for inflation between 2 and 3 percent. It adjusts for inflation over 3 percent. You can choose coverage between 2 and 3 percent, but the coverage results in a lower pension. [/quote]
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