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re: What to do about a horrible 401k

Posted on 7/16/17 at 3:07 pm to
Posted by Volvagia
Fort Worth
Member since Mar 2006
51916 posts
Posted on 7/16/17 at 3:07 pm to
quote:

Can someone clue me in on what (if any) is the benefit or purpose of a 401k if there's no match from the employer?



You can put far more into a 401k than you can in an IRA. If an IRA consists of the foundation of your retirement savings, you will need to be making less than 40k to keep the percentages workable.
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