this post was submitted on 07 Jun 2026
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No idea how US pensions work..... But can't you change the funds?
I sold the default fund and moved it into non US stuff.
Many employers offer to match the employee's contribution to their retirement fund up to a certain amount, but the employer gets to pick which funds are available. Anyone can open their own IRA (retirement fund) but they won't get that employer match.
Why would the employer care which funds are available though?
Here, the employer picks the provider and default fund, but you can change it to anything the provider offers. (Although most don't)
So I thought I had that setup, but it so happens that I ended up with two 401ks at the exact same provider via two different companies, and there are different options between the employers.
I don't see a particular pattern as to why one would be different from the other, but they are...