401k
1 rating since posting on Monday, February 7, 2005|
in Everywhere
(submitted by
travis
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Overall Rating based on 1 rating |
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You should take advantage of the 401k - its a pre-tax savings system. So deducting $40 from your take home paycheck may equal $100 in the 401k. Now the funds you invest the money into can be the risky part. Most companies offer a money markey 401k fund so its safe but should stay par with inflation. You may want to look at also investing into CDs, and Money Markets... Money moarkets are the most liquid CDs are less and usually have penalties for early with drawing 401k should be retirement based... - travis , posted 02/07/05 |
