I started new job back in September 2016. I'll be eligible for the 401k starting in October. It doesn't seem to be that good of a plan though, which surprises me for a Fortune 500 company. The company will match $.1875 for each $1 of the employee's contribution, up to 4%. I become fully vested after 5 years of service, which I plan on hitting. I am not sure about who manages the 401k or how it invested. Is this good? Not good? Should I do something else with my money? Or just contribute the maximum 4%? I'm 37, have about $225k in total debt ($175k in student loans), and have very little savings, just a $1000 mini-ER fund. I'm working hard right now to pay off my CC debt ($13k). Any advice is useful. Thanks
Submitted May 08, 2017 at 09:10AM by hmsiegel http://ift.tt/2pTBODC
