Steve is choosing between two jobs at Smithsonian museums. One job is funded through the federal government and offers a pension plan. The other job is privately funded and offers a 403(b) plan similar to a 401(k) plan, in which the Smithsonian would contribute 7% of Steve's salary. What factor would make Steve prefer the federal job and pension?
Select the best answer from the choices provided.
All of Steve's grandparents lived to ages over 100 and one even over 110
Steve expects stock market returns to continue to be over 10% through the next decade.
Steve and his wife plan to relocate t

Question

Steve is choosing between two jobs at Smithsonian museums. One job is funded through the federal government and offers a pension plan. The other job is privately funded and offers a 403(b) plan similar to a 401(k) plan, in which the Smithsonian would contribute 7% of Steve's salary. What factor would make Steve prefer the federal job and pension?
Select the best answer from the choices provided.
All of Steve's grandparents lived to ages over 100 and one even over 110
Steve expects stock market returns to continue to be over 10% through the next decade.
Steve and his wife plan to relocate t