401(k) flub: Turning down free money
By on Feb 18, 2010 in Finances
Question: I’m 24 and my 401(k) plan matches $1.25 for every dollar I contribute up to 6% of salary. I currently contribute 3% of my salary and next put $75 a month into a Roth IRA. I do that considering I don’t want all my eggs in one basket. I’m wondering, though, whether I should stop the IRA contributions and take advantage of the company match instead? What do you think? –Matthew, Sacramento, Calif.
Original post by Technology news - Business 2.0 Magazine
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