Wednesday, June 29, 2011

Should you invest past your Company’s 401(k) Match? Probably not!

First, let me explain. I am not telling you not to save for retirement. In fact, most financial planners will tell you to save and invest at least 10% of your income. And according to a Ask the Expert CNN article, you should invest more than 10%. What I am saying is the money past your companies match may be better off in another type of account. And if your company does not match at all, then you might be better off investing outside of your plan entirely. Why? Taxes   read more