Margy Natalie wrote:



I prefer the new one. The old one was a pension only, the new one has
a much smaller pension but includes a 401k.

I didn't know the old one you couldn't 401K, and the 401K is what you
put into it, not what the feds put into it. I won't work for the
government long enough for it to make a difference :-).


The old system got a 401k without any match when the new system came
out. They can now put in up to the IRS max like I can. If at all
possible put in the IRS max, it reduces your income by that amount. I
am 75% International fund and 25% small cap fund(The S Fund). When
you're clipping along at well over 20% annually it will add up pretty fast.