let's say I go with a company that closes in 10 years. What happens to the money I put in?Vanguard is the bigger brand, but they all more than likely hold similar funds.
Like some ETF's that covers the entire Market, or Blue Chip Companies, or the Tech, or Medical sectors. Some can cover Companies that only offer dividends.
Other selections are based on when you are planning to retire. For instance, if you are set to retire 40 years from now, your plan will start of very aggressive(for growth) and the closer you get to retirement it shifts from aggressive investments, to safer investments (for stability).
Research both the best you can, but personally I would go w/ VG cuz I can be more certain that VG will still be standing 30-40 years from now, when its time for me to collect.
Vanguard sent me something in the mail, I was wondering should I go with them or go through my employer (Robert Half Technology)
Question for y'all, I'm looking to change jobs in the next 3-4 months. Does it make sense for me to start investing into my current companies' 401k plan even if I know I'll be dipping in a few months?
I kind BSed by not setting up a 401k the moment I started working here straight out of college. It's been 18 months and I could have come up something decent if I was even just putting away $200 a month (lack of foresight on my part.)
If they match, CONTRIBUTE, that's free money you would be leaving out there. If they don't and you only plan to contribute 200 dollars a month, go for a Roth IRA, investing on your own will always provide you better options and lower fees typically. The 401K has a higher contribution limit but again if a company doesn't match, contribute to the Roth IRA first and if you want to invest more, put the rest in the 401K.Question for y'all, I'm looking to change jobs in the next 3-4 months. Does it make sense for me to start investing into my current companies' 401k plan even if I know I'll be dipping in a few months?
I kind BSed by not setting up a 401k the moment I started working here straight out of college. It's been 18 months and I could have come up something decent if I was even just putting away $200 a month (lack of foresight on my part.)