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As employees shoulder more responsibility for retirement investing, many enroll in their employers’ 401(k) plans without adequate information to build long-term security. Detailing the benefits and values of 401(k) plans in straightforward language, retirement program expert David L. Wray has put together a comprehensive guide for employees. Wray provides clear and thorough answers to such questions as:
• What are the advantages of participating in 401(k) plans?
• How do employers’ roles and contributions impact the most successful 401(k) plans?
• How will the 2001 tax bill affect 401(k) plans?
• How can investing early make a difference?
• What should investors do as they approach and move into retirement?
From responding to current market conditions to understanding recent tax law modifications governing 401(k) plans, this is the must-have reference for every employee.