Comments on: My Employer Stopped Matching My 401k – Should I Still Contribute? http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/ Helping a unique generation achieve financial independence. Sat, 21 Nov 2009 05:51:06 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Latest 401k news - WSJ Reports 401k Withdrawals Frozen or Slowed | 401K http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-122962 Latest 401k news - WSJ Reports 401k Withdrawals Frozen or Slowed | 401K Thu, 12 Nov 2009 07:56:54 +0000 http://genxfinance.com/?p=1566#comment-122962 [...] My Employer Stopped Matching My 401k - Should I Still Contribute … [...] [...] My Employer Stopped Matching My 401k – Should I Still Contribute … [...]

]]> By: Loose Ends, Retirement, and More | Free-Trial-Shop.com http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-120560 Loose Ends, Retirement, and More | Free-Trial-Shop.com Thu, 11 Jun 2009 10:16:23 +0000 http://genxfinance.com/?p=1566#comment-120560 [...] My Employer Stopped Matching My 401k – Should I Still Contribute? [...] [...] My Employer Stopped Matching My 401k – Should I Still Contribute? [...]

]]> By: Boating Season Has Arrived -Weekly Round Up | Good Financial Cents by Jeff Rose Certified Financial Planner http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-120487 Boating Season Has Arrived -Weekly Round Up | Good Financial Cents by Jeff Rose Certified Financial Planner Sun, 07 Jun 2009 14:14:06 +0000 http://genxfinance.com/?p=1566#comment-120487 [...] My Employer Stopped Matching My 401k - Should I Still Contribute? [...] [...] My Employer Stopped Matching My 401k – Should I Still Contribute? [...]

]]> By: Roundup - Upgraded Thesis Edition | Cash Money Life http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-120484 Roundup - Upgraded Thesis Edition | Cash Money Life Sun, 07 Jun 2009 08:23:52 +0000 http://genxfinance.com/?p=1566#comment-120484 [...] My Employer Stopped Matching My 401k - Should I Still Contribute? [...] [...] My Employer Stopped Matching My 401k – Should I Still Contribute? [...]

]]> By: Weekly Roundup - Combining Miles Edition | Bizness Geek http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-120483 Weekly Roundup - Combining Miles Edition | Bizness Geek Sun, 07 Jun 2009 03:23:29 +0000 http://genxfinance.com/?p=1566#comment-120483 [...] My Employer Stopped Matching my 401(k) - Should I Still Contribute? [...] [...] My Employer Stopped Matching my 401(k) – Should I Still Contribute? [...]

]]> By: pays to live green http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-120420 pays to live green Mon, 01 Jun 2009 11:16:33 +0000 http://genxfinance.com/?p=1566#comment-120420 I prefer to contribute to a Roth IRA just because it is easier to get your money if you have an emergency. The whole point of retirement money is not to take out money, but it's still a point to consider. I agree with the others here that you should contribute to both just to have a balance of each, regardless of whether you company matches. I prefer to contribute to a Roth IRA just because it is easier to get your money if you have an emergency. The whole point of retirement money is not to take out money, but it’s still a point to consider. I agree with the others here that you should contribute to both just to have a balance of each, regardless of whether you company matches.

]]> By: Weekend Linkage - May 31, 2009 http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-120419 Weekend Linkage - May 31, 2009 Mon, 01 Jun 2009 04:36:34 +0000 http://genxfinance.com/?p=1566#comment-120419 [...] My Employer Stopped Matching My 401k - Should I Still Contribute? @ Generation X Finance [...] [...] My Employer Stopped Matching My 401k – Should I Still Contribute? @ Generation X Finance [...]

]]> By: Lean Cuisine Coupons http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-120409 Lean Cuisine Coupons Sat, 30 May 2009 18:34:18 +0000 http://genxfinance.com/?p=1566#comment-120409 I too like to prefer 457(b) to 401k:d I too like to prefer 457(b) to 401k:d

]]> By: Mike Leone http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-120407 Mike Leone Sat, 30 May 2009 17:36:53 +0000 http://genxfinance.com/?p=1566#comment-120407 Hmmm ... actually, that sounds like a good way to try and cover multiple bases. I think I will try that. Split the money I am planning to put toward retirement equally between my 457(b) (which is handled by MetLife), and open my own Roth IRA with an automatic weekly deduction (perhaps at T. Rowe Price - I've read that their plans are good; invest it in an index fund, perhaps). Hmmm … actually, that sounds like a good way to try and cover multiple bases. I think I will try that. Split the money I am planning to put toward retirement equally between my 457(b) (which is handled by MetLife), and open my own Roth IRA with an automatic weekly deduction (perhaps at T. Rowe Price – I’ve read that their plans are good; invest it in an index fund, perhaps).

]]> By: Jeremy http://genxfinance.com/2009/05/26/my-employer-stopped-matching-my-401k-should-i-still-contribute/#comment-120406 Jeremy Sat, 30 May 2009 17:14:33 +0000 http://genxfinance.com/?p=1566#comment-120406 Mike, that's a good, and common question. In my opinion it's a good idea to contribute to both pre-tax and after-tax accounts if they are available to you. There are a lot of unknowns of the future, so if you diversify your tax burden you'll be better prepared for whatever happens. With some taxable retirement money set aside along with some tax-free money, you can plan and change your distribution strategy to make the most of the money. Mike, that’s a good, and common question. In my opinion it’s a good idea to contribute to both pre-tax and after-tax accounts if they are available to you. There are a lot of unknowns of the future, so if you diversify your tax burden you’ll be better prepared for whatever happens.

With some taxable retirement money set aside along with some tax-free money, you can plan and change your distribution strategy to make the most of the money.

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