How Do You Rate An Employers 401K Retirement Plan?
All 401k retirement plans are not equal. In fact, some of them can be rather pathetic. Sure, the first giveaway is the giving away of money itself: the employer match! However, it’s easy to overlook the real driving force behind your retirement. Who is managing your money, and what returns should you expect 50 years later? Learn how to rate your employer’s 401k program, and if necessary, raise questions to the appropriate personnel if you feel your program doesn’t measure up. Determine the investment options that are available. Well-managed programs should allow multiple types of mutual funds, such as large cap vs. small cap, growth vs. value, aggressive growth vs. high yield, fixed income and corporate bonds vs. treasury bills. Exceptional programs will also allow real estate investment alternatives or even exchange traded funds (ETFs). The more choices you have, the more chances you have of obtaining your financial goals to match your age, which determines the amount of risk you shou
