SO has a 401k and a pension
My SO’s work has a 401k and a pension. I recently found out they only contribute very little to their 401k, and their reasoning is because of the pension. I’m not sure if they’re even getting the full company match on the 401k.
Since there’s a pension, they have to contribute a certain amount to that, and because of it they say they can’t really contribute much to the 401k. Is there an actual rule/ recommendation that applies when you have both? I think I need more details from them to get a better answer here, but figured I’d ask in the meantime.