The Cellar - View Single Post - We haven't talked about goals in a long time

lookout123 · 04-21-2008, 07:44 PM

You aren't giving your money to the company with a 401K plan, you're putting it into your own investment account. You choose the investments so you are responsible for the greatness/suckiness of your performance. True, a 401K doesn't have as many choices as an IRA, but you still usually have enough options to find something worth having.

SEP IRA is for the self employed, and is meant for putting far more in than you can in a 401K.

04-21-2008, 07:44 PM	#7
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	You aren't giving your money to the company with a 401K plan, you're putting it into your own investment account. You choose the investments so you are responsible for the greatness/suckiness of your performance. True, a 401K doesn't have as many choices as an IRA, but you still usually have enough options to find something worth having. SEP IRA is for the self employed, and is meant for putting far more in than you can in a 401K. __________________ Getting knocked down is no sin, it's not getting back up that's the sin