When the U.S. Congress passed the Revenue Act of 1978, it resulted in the first 401(k) plan, which took the costly burden of financing retirement pensions off of the backs of employers and onto the backs of employees. At one time, over 80 percent of workers retired with a pension. Today less than 18 percent of American workers have a pension in place. And if many companies get their way, they will be carrying fewer and fewer pensions as time goes on. Many pensions are underwater or will be because of the lowest interest rates in U.S. history on bonds, causing pension plans to take more risk. We'll explain why its happening and what you should do if you are offered a lump sum. Then Fox News Contributor Gary Kaltbaum joins us for the Q & A. A great show you don't want to miss MASTERING MONEY is on the air!