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Course 202: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
401(k) Plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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The retirement savings landscape is increasingly cluttered. It includes Social Security, different types of employer-sponsored plans, individual retirement accounts, and taxable accounts. The next few classes are going to cover the retirement-savings terrain. We'll explore two of the most-popular types of employer-sponsored retirement plans, the 401(k) and the 403(b). Afterward, we'll compare traditional and Roth IRAs. We'll begin with what is quite possibly the easiest money in retirement planning: the 401(k) plan. If your company offers a 401(k) plan, contribute to it. With a little effort, the payoff can be considerable. |
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Learn how to invest like a pro with Morningstar’s Investment Workbooks (John Wiley & Sons, 2004, 2005), available at online bookstores. | ||
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