Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The US has a defined benefit pension called Social Security. It is relatively generous compared to retirement pensions in other countries. A defined contribution plan like 401k is in addition to this pension; most developed countries also have something similar. In this regard there is nothing unique about the US.


Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: