Recalculate to rebalance stricken 401(k) account (Richmond Times-Dispatch)
Written by Admin on March 29th, 2009 in Uncategorized.
The only good thing you can say about the effect of the stock market swoon on 401(k) retirement accounts is that it has pushed some employees to seriously examine their account statements. Many workers hadn’t paid attention since they first signed up, often when they were hired. This neglect meant their 401(k) asset mix and the amount deducted from their paychecks never changed.
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