401k's are NOT always good
1 rating since posting on Tuesday, February 8, 2005|
in Everywhere
(submitted by
special k
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Overall Rating  based on 1 rating |
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since you specified wanting to be able to get at it easily i would not recommend a 401k. not all of them have a loan option and those that do, you have to pay the money back post tax. a great option is a roth IRA. you pay into it post tax money but all it earns is tax free and you get to decided what it is invested in. PLUS you can take out your base contribution at any time if you need it. i think the limit on the contribution is $5000 per year. - special k , posted 02/08/05 |
