TruckDiver
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[quote author=shadowr434 link=topic=80326.msg836942#msg836942 date=1276377839]
[quote author=oneeightyfive link=topic=80326.msg836353#msg836353 date=1276175680]
All full time employees can participate in the 401K program after completing one year of service. Company matching has been suspended, but the employee may still have pre-tax dollars directed to their accounts.
[/quote]True but thats as good as opening a window and throwing the cash out these days.
[/quote]
That's not necesarily true shadow. I'm putting my money in the 401k at a higher rate than I was before the match was suspended.
It's not like it was ever a huge amount anyway, but every little bit helped.
Move it around if you're not getting the performance that you want. I dumped a good portion of my stocks when things started turning south and got really conservative with it. But things have improved some, I made over 14% on my money in the last year. You do have to watch and research your choices though.
I've got mine in mostly bonds/fixed income stuff, only about 30% in stocks..
[quote author=oneeightyfive link=topic=80326.msg836353#msg836353 date=1276175680]
All full time employees can participate in the 401K program after completing one year of service. Company matching has been suspended, but the employee may still have pre-tax dollars directed to their accounts.
[/quote]True but thats as good as opening a window and throwing the cash out these days.
[/quote]
That's not necesarily true shadow. I'm putting my money in the 401k at a higher rate than I was before the match was suspended.
It's not like it was ever a huge amount anyway, but every little bit helped.
Move it around if you're not getting the performance that you want. I dumped a good portion of my stocks when things started turning south and got really conservative with it. But things have improved some, I made over 14% on my money in the last year. You do have to watch and research your choices though.
I've got mine in mostly bonds/fixed income stuff, only about 30% in stocks..