Perception vs. Reality There’s an alarming difference between perception and reality for current and future retirees. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Contents Retirement Redefined Around the country, attitudes about retirement are shifting. Choices for Your 401(k) at a Former Employer Individuals have three basic choices with the 401(k) account they accrued at a previous employer. Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.