The value of 401Ks # 4
March 12, 2021
I’m Miriam Neff-with STARTING OVER FINANCIALLY, and I’m Valerie Neff Hogan, and we’re here to talk about money
M Have you considered the value of participating in your employers 401K plan? As you investigate, here are some questions to consider.
V Does that 401K go with you should you change companies?
When do you own, the money? Meaning when are you are vested? Typically this is 3 to 5 years for the entire amount.
Can you chose the risk/reward aspect of that fund? Research and learn. There’s much online that describes, defines, and helps you see whether this tool can serve you. We are surprised at the number of people who don’t take advantage of these. We not saying always invest in this tool. But it certainly merits consideration.