401(k) Shenanigans

Stumble it! Tip it! Facebook it! | 07/16/05

Article from MSN.com about ways to sniff out a bad 401(k) plan:

8 ways to check for 401(k) plan abuse

After reading this article I was disheartened that companies would steal from their employees like this. Another example of why it’s excellent advice to be vigilant about one’s finances.

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  1. 3 Responses to “401(k) Shenanigans”

  2. By Genuine on Jul 16, 2005 | Reply

    Thanks for the nice comment regarding my blog. I also have an online business at http://www.onebyonemedia.com and if you ever would like to spruce up the place (your blog) let me know.

    I’m all about saving cash! I have a 5 year old 4 year old and a 1 year old and my wife is due in about 4 weeks with number 4! How about a save on diapers and formula? Thanks again!

  3. By Administrator on Jul 16, 2005 | Reply

    My pleasure Genuine. Since the comment is out of context, I’ll explain it. I ran across GenuineBlog.com on BlogExplosion, which has a superb design. Compare his design with my rather “less is more” (aka unadorned) design, and you’ll see what I mean.

    Regarding diapers and whatnot, we’re using cloth diapers. We expect to save a few hundred dollars by the time our daughter is done with them. The initial investment is a few hundred dollars but you make out in the end big time. Just have to get used to washing them, but think to yourself each and every time you do a load: “This is saving me a couple of bucks.” Check out SoftClothBunz.com for more info.

  4. By ~Dawn on Jul 16, 2005 | Reply

    I had a late payment hit my 401k, I had to call them on it and it posted within the next day I believe. It did get me worried. Since then I am even more observant than I was.

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