Publisher's Synopsis
Every employee with a 401(k) plan should read this book. The 401(k) plan is one of the best benefits your company provides. If you haven't signed up, this book will show you how to join the plan and make important investment decisions. If you already participate in a 401(k), but have questions, Your 401(k) Handbook will help you: Decide how much to save. Understand what you need to know about stocks and bonds. Allocate your savings based on your age and other factors. Avoid financial mistakes that could leave you with too few dollars to retire. Increase your savings by rolling over your money to another 401(k) or IRA when you change jobs. Determine when you should take a loan from the plan. Minimise your taxes when you contribute to the plan and withdraw your money later. Take advantage of special funds that are only offered in a 401(k) plans. Evaluate the performance of your plan's investment options. Maximise the retirement benefits from your 401(k), IRA, and pension plans. Navigate your plan's rules and IRS 401(k) regulations. Understand the brochures and materials your company provides.
