AARP Digital Editions offer you practical tips, proven
solutions, and expert guidance.
While a majority of workers have money invested in their 401(k)
plans-and are relying on these funds for retirement-few truly
understand how to manage and maintain these accounts, especially
during the recent economic downturn. In 2008 alone, most 401(k)
holdings declined by twenty percent. These losses, compounded by
plan changes, have only led to more confusion.
The Second Edition of Getting Started in Rebuilding
Your 401(k) Account offers up-to-date answers to frequently
asked questions regarding these accounts and contains simple
strategies for improving 401(k) returns-including moving money out
of company stock, rolling over plans when leaving an employer, and
moving some holdings to FDIC insured banks.
* Explains the basics of 401(k) plans from what they are to how
they work
* Discusses new rules in the 401 (k) arena, from automatic
enrollment to how plans can be taxed
* Includes information on setting financial goals and choosing
the investments that are right for you
401(k) plans have become a significant source of retirement
funds for many. Learn how to make the most of them with the
Second Edition of Getting Started in Rebuilding Your
401(k) Account.
