1. Describe the PBGC (Pension Benefit Guaranty Corporation). Which type of plans (db vs. dc) should buy this insurance? What is legally required? Are companies charged premiums based on risk? 2. How is OASDI financed? What is the difference between a payroll tax and an income tax? 3. What is the difference between a 401(k) and a 403(b) plan? Which one do you think I have? 4. Describe the difference between a defined benefit and a defined contribution plan. What is the major risk and who bears it in each case? 5. Describe ERISA. What vesting schedules for 401(k)s are allowed by ERISA? 6. Describe, in simple language, what an annuity is. What do annuities insure against? 7. Describe the different tax treatments for a traditional 401(k) vs. a Roth 401(k)? What is the ule of thumb" you should use when deciding between them?