Comments on: Why You Should Still Stick with Your 401k and Employer Match http://www.nodebtplan.net/2008/10/29/why-you-should-still-stick-with-your-401k-and-employer-match/#utm_source=rss&utm_medium=rss&utm_campaign=why-you-should-still-stick-with-your-401k-and-employer-match A personal finance blog teaching you how to live debt free and use credit wisely. Fri, 10 Feb 2012 15:18:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Weekly Roundup and Carnivalshttp://www.nodebtplan.net/2008/10/29/why-you-should-still-stick-with-your-401k-and-employer-match/#comment-6124 Weekly Roundup and Carnivals Fri, 31 Oct 2008 16:01:31 +0000 http://www.nodebtplan.net/?p=923#comment-6124 [...] talks about why you should stick with your 401k. I agree that it’s free [...] [...] talks about why you should stick with your 401k. I agree that it’s free [...]

]]> By: Friday Link Love - Haunted Play-Doh Edition | One Caveman's Financial Journeyhttp://www.nodebtplan.net/2008/10/29/why-you-should-still-stick-with-your-401k-and-employer-match/#comment-6119 Friday Link Love - Haunted Play-Doh Edition | One Caveman's Financial Journey Fri, 31 Oct 2008 14:53:37 +0000 http://www.nodebtplan.net/?p=923#comment-6119 [...] Why You Should Still Stick with Your 401k and Employer Match [...] [...] Why You Should Still Stick with Your 401k and Employer Match [...]

]]> By: Russellhttp://www.nodebtplan.net/2008/10/29/why-you-should-still-stick-with-your-401k-and-employer-match/#comment-6070 Russell Thu, 30 Oct 2008 12:53:27 +0000 http://www.nodebtplan.net/?p=923#comment-6070 Although your math almost argues against putting more than the matching amount in. I was putting 12% and getting the maximum 3% matched by the employer. 125% of contribution x 50% loss = 65% of original. (Not the 75% of your example.) This example does support my move to convert some funds into a Roth IRA, in this example I will pay tax on 65% of my original contribution, instead of paying on 100% if I had taken the income as pay. Although as you noted the contribution wasn't all made at the same time so the loss isn't this great. Although your math almost argues against putting more than the matching amount in. I was putting 12% and getting the maximum 3% matched by the employer. 125% of contribution x 50% loss = 65% of original. (Not the 75% of your example.)

This example does support my move to convert some funds into a Roth IRA, in this example I will pay tax on 65% of my original contribution, instead of paying on 100% if I had taken the income as pay.

Although as you noted the contribution wasn’t all made at the same time so the loss isn’t this great.

]]> By: Start-Uphttp://www.nodebtplan.net/2008/10/29/why-you-should-still-stick-with-your-401k-and-employer-match/#comment-6028 Start-Up Wed, 29 Oct 2008 16:36:31 +0000 http://www.nodebtplan.net/?p=923#comment-6028 I agree that you should never not put in the max in order to get the match from your company (if that makes sense). If you're worried about the stock market tanking then invest your 401k money in bonds or safe investments. Personally I would continue investing in stocks as they are at a significant discount. I agree that you should never not put in the max in order to get the match from your company (if that makes sense). If you’re worried about the stock market tanking then invest your 401k money in bonds or safe investments. Personally I would continue investing in stocks as they are at a significant discount.

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