I wouldn’t put money into a pension. For one thing, when you die after putting money into a pension, in most cases it dies with you.
Number two, when you put money into a pension, you’re going to get about a 6 percent rate of return in the current environment — maybe even as low as 5 percent. You’re not making much on it while you’re alive, so I don’t advise putting money in pensions. We let employers put money in pensions, if they want to. That’s a nice benefit, but I wouldn’t add to it.
