On: GE freezes pension benefits for 20k employees

[sokoloff]

Unless you're employing yourself, you don't get to open a 401(k) at Fidelity yourself.

[Retric → sokoloff]

While true, it’s also common with 15.5 million workers filing a 1099 each year. Also, while an IRA is generally the same thing they have much lower annual contribution limits making the 401k a better option for many.