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Ok here is a question from a newbie about the union, stock investing, and the 401k...
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<blockquote data-quote="kasaroo" data-source="post: 227871" data-attributes="member: 10368"><p><strong>Re: Ok here is a question from a newbie about the union, stock investing, and the 401</strong></p><p></p><p>PW---The 401K and IRA are basically the same, but you can have the 401K taken right out of your check so it's easy. The company doesn't match because they fully fund the pension. The 401K was created for you to have more if you choose. There is also an option when choosing contributions to have a portion "after tax"--like a Roth IRA. Take advantage of this and join the 401, like, YESTERDAY! Do the stock program too if you want, but the 401K first. You won't be sorry!</p></blockquote><p></p>
[QUOTE="kasaroo, post: 227871, member: 10368"] [b]Re: Ok here is a question from a newbie about the union, stock investing, and the 401[/b] PW---The 401K and IRA are basically the same, but you can have the 401K taken right out of your check so it's easy. The company doesn't match because they fully fund the pension. The 401K was created for you to have more if you choose. There is also an option when choosing contributions to have a portion "after tax"--like a Roth IRA. Take advantage of this and join the 401, like, YESTERDAY! Do the stock program too if you want, but the 401K first. You won't be sorry! [/QUOTE]
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Ok here is a question from a newbie about the union, stock investing, and the 401k...
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