AN ESSENTIAL GUIDE TO GETTING YOUR 401(k) PLAN BACK ON TRACK
GETTING STARTED IN REBUILDING YOUR 401(k) ACCOUNT
While a majority of workers have money invested in their 401(k) plan-and are relying on these funds for retirement-few truly understand how to manage and maintain these accounts, especially after the recent economic downturn. In 2008 alone, most 401(k) holdings declined by 20 percent. These losses, compounded by plan changes, have only led to more confusion.
Getting Started in Rebuilding Your 401(k) Account, Second Edition offers up-to-date answers to frequently asked questions regarding these accounts and contains simple strategies for improving 401(k) returns-including moving money out of company stock, rolling over plans when leaving an employer, and moving some holdings to FDIC-insured banks. Page by page, this reliable resource:
Explains the basics of 401(k) plans, from what they are to how they work
Provides must-have tools and strategies to rebuild your 401(k) account in the wake of recent stock market turbulence
Discusses new rules in the 401(k) arena, from automatic enrollment to how plans can be taxed
Includes information on setting financial goals and choosing the investments that are right for you
And much more
401(k) plans have become a significant source of retirement funds for many. Learn how to make the most of them with Getting Started in Rebuilding Your 401(k) Account, Second Edition.