Personal finance, commentary, and spending less the easy way
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.
401k Introduction The original 401(k) plan was created and set into motion by Congress in the year 1978 as a way for people to save up for their own retirement before they...
Why 401(k) Retirement Plans Really Don't Work, and How to Fix Them I originally wrote this article back in January for the Saving Advice Blog, but I've seen a lot of chatter recently about it again - including this issue of Time...
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3 Responses to “401(k) Shenanigans”
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!
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.
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.