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Old 08-01-2007, 05:28 PM
drewjustdrew drewjustdrew is offline
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Join Date: Sep 2002
Location: NW Burbs of Chicago
Posts: 2,305
Default Re: Help me with my 401K?

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I enrolled in my employer's retirement plan at the beginning of the year. My office is only ~30 people, so their plan is nothing like Humphrey's -- a SARSEP plan, no matching monies from employer, rules are essentially (afaik) equivilent to a 401k.

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Seriously consider getting a Roth IRA first. They offer you thousands of mutual funds and individual stocks. Once contribution limit is maxed, then put money in sarsep. If your company had a match, that would make it a different story.
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