Michael wrote: > In thinking about the Fed study of net worth, do > they consider it an increase in net worth if I > trade my defined benefit pension plan for a > 401k of equal value?
Hear this from a 401K stuck fixed income quant. Who gives a shit to what the Fed studies say. You are a lucky guy. You have a defined benefit pension plan. Are you crazy to trade it for a 401K? I don't believe that I heard such a question from someone who has a high degree in economics. Tck, tck, tck... Sabri
