Team 401(k) versus Team Pension: Understanding Retirement Options
Submitted By:Kathryn McGinn
Date:July 1, 2011
Grade Level(s):9, 10, 11, 12
Students will compare and contrast 401(k)s and defined contribution (pension) plans, highlighting the potential advantages and disadvantages of each. Students will read a Knowledge@Wharton article for relevant information about retirement savings and share their findings with the class in the form of a debate. At the end of the lesson, students will consider which type of plan they think makes the most sense.