a follow up in-case u dont understand what the matching system i - TopicsExpress



          

a follow up in-case u dont understand what the matching system i am taking about, if your employer provides a 401K account, they usually have a 4% matching system, if u deposit 4% of your monthly salary into this account, they will automatically match ur 4%, which means your employer will deposit 4% into this account too.(so you only deposit 4% to have 8% of ur salary, that is the 100% instant return i am taking about) You can use the money in this account to invest, and this is the *IMPORTANT PART* the money you put into this 401K is TAX FREE!!! However, it will only be taxed once u start taking distributions.
Posted on: Sat, 22 Nov 2014 19:28:19 +0000

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