/biz/ - Business & Finance » Thread #939778

[4 / 1 / ?]

79KiB, 811x556, image.jpg

View Same Google ImgOps iqdb SauceNAO

Anonymous ID:sK9VY7vV Wed 28 Oct 2015 09:34:32 No.939778 View Reply Report Delete

Quoted By:

My company has a 401k plan. Should I use it, I don't even know what a 401k is or how it works.

Anonymous

Anonymous ID:TG/YjRiY Wed 28 Oct 2015 09:36:59 No.939780 Report Delete

Quoted By: >>939783

>should I use it
Yes
How much? At the very least up to whatever your company matches

Do NOT invest it all in you own company's stock. Pick vanguard long term funds. Do not micromanage it. This is for the long haul

Anonymous

Anonymous ID:sK9VY7vV Wed 28 Oct 2015 09:44:43 No.939783 Report Delete

Quoted By: >>939789

>>939780
I'm a waiter and have less than $1000 at the moment.

Anonymous

Anonymous ID:TG/YjRiY Wed 28 Oct 2015 09:53:14 No.939789 Report Delete

Quoted By:

>>939783
It comes straight out of your paycheck, pre tax (which lowers your taxable income). You cannot contribute directly from what you've already received as taxable income (you'd have to put that in a Roth IRA)

Subject

Name

E-mail

Password

Capcode	All Only User Posts Only Verified Posts Only Moderator Posts Only Manager Posts Only Admin Posts Only Developer Posts Only Founder Posts
Show Posts	All Only With Images Only Without Images Only Spoiler Images Only Non-Spoiler Images
Deleted Posts	All Only Deleted Posts Only Non-Deleted Posts
Ghost Posts	All Only Ghost Posts Only Non-Ghost Posts
Post Type	All Only Sticky Threads Only Opening Posts Only Reply Posts
Results	All Grouped By Threads
Order	Latest Posts First Oldest Posts First

On these boards

Your latest searches