Click here to close
New Message Alert
Why bother with a 401K





Why bother with a 401K  

  Click Here to have an E-mail Sent to you when a new message is added to this thread
Author: R D Nekk   Date: 7/9/2023 3:32:34 PM  +2/-1   Show Orig. Msg (this window) Or  In New Window

"Why bother with a 401K" ?


With company matches, a 401K is free money, even if it takes a couple years to be fully vested. Example: previous employer matched half my contribution up to my 8% of salary. That's 4%, a 50% return right off the bat.  Sound investment options magnify that proportionally.


I worked 17 years, give or take a couple months, so vesting my 401k was a given and went with me fom my first employer to the second.

 
Reply    Return-To-Index     Display Full Msg Thread   Rules of Engagement   Terms of Use

401K +3/-2 Vested term 7/8/2023 3:24:23 PM