How Does a 401k Work and How Do You Start One
The 401K is a great retirement vehicle. But employers do not do a great job of telling teaching their employees how to invest in it. This article will teach you how to start your 401k retirement plan and explain to you exactly how a 401k works.
Because of the demise of pension funds, companies have moved to the 401k in order to help employees fund their retirements. A 401k is essentially a retirement fund in which your employer matches a portion of your investments. So you can see why this is such a popular investment vehicle. This guide will take you step by step and teach you how to invest in your 401k.