401(k) interview highlights from 6/12/09 show June 15th, 2009
- For those folks who have left their company, keep your 401(k) with your past employer. The employer is able to get better fee rates than you can with as an individual.
- If you are in an active plan, contribute at least up to the amount of employer match.
- If you cash out your 401(k), there are penalties as well as tax consequenses. Make that your last option, not first option.
- If you are more risk adverse, speak to your plan administrator if you are looking for a fund that will protect your principle.
This entry was posted on Monday, June 15th, 2009 at 4:27 pm and is filed under Work Does Matter Radio Show. You can follow any responses to this entry through the RSS 2.0 feed.You can leave a response, or trackback from your own site.
2 Responses
driver download windows 7 Says:
I have been examinating out some of your stories and it’s pretty good stuff. I will surely bookmark your website.
