Tag: 401K
The million dollar mistake that 20-somethings make
WSJ.com wrote this great article about the number of 20-30 year old’s who are abandoning their 401K plans at work because of the turmoil in the markets. This is unfortunate. I don’t know when the stock market will turn around but I am willing to bet my life savings that by the time I am [...]
Posted: September 26th, 2008 under Investing, Personal Finance.
Tags: 401K, compound interest, Investing, saving for retirement
Comments: none
Roth 401K: Tax Me Now
Our company recently changed 401K providers which offered me the opportunity to evaluate not only the standard 401K but also the Roth 401K. I had read about the Roth 401K back in December of 2007 and was pleased to see that these options were beginning to work their way into employers’ offerings. It also created [...]
Posted: August 18th, 2008 under Investing, Personal Finance, Taxes.
Tags: 401K, Investing, retirement, roth, Roth 401K
Comments: 1