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how to opt out of the 401k ..?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 414348" data-attributes="member: 12570"><p>A company match on a 401k is free money and is a perk we don't enjoy as hourlies. If you are able to, setting your contribution % to the % that the company matches would basically double your contribution to your 401k. Invest in funds that don't subject you to the wild ups and downs that the stock market has been and will continue to experience (up 936 yesterday, down 773 today) and you can deduct the amount that you have deducted from your pay from you gross income for income tax purposes. You mentioned that you don't know how long you will be here. The good news is that you should be able to roll this 401k in to the 401k at your next employer either directly or through an IRA.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 414348, member: 12570"] A company match on a 401k is free money and is a perk we don't enjoy as hourlies. If you are able to, setting your contribution % to the % that the company matches would basically double your contribution to your 401k. Invest in funds that don't subject you to the wild ups and downs that the stock market has been and will continue to experience (up 936 yesterday, down 773 today) and you can deduct the amount that you have deducted from your pay from you gross income for income tax purposes. You mentioned that you don't know how long you will be here. The good news is that you should be able to roll this 401k in to the 401k at your next employer either directly or through an IRA. [/QUOTE]
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how to opt out of the 401k ..?
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