inahandbasket: animated gif of spider jerusalem being an angry avatar of justice (sleepy red)
[personal profile] inahandbasket
So part of this paycheck (%3) just made my first contribution to my 401k.
I feel so growed up.

Date: 2005-11-15 04:51 pm (UTC)
From: [identity profile] justamy.livejournal.com
yay! they add up!

Date: 2005-11-15 04:53 pm (UTC)
From: [identity profile] krues8dr.livejournal.com
I forget; did you say they *are* matching part of that or no?

Date: 2005-11-20 07:51 pm (UTC)
From: [identity profile] wisdom-seeker.livejournal.com
If they aren't, then you might do better to set up an IRA through a bank or financial planner to get higher yields, and have greater flexibility with the money (with a Roth IRA, you can use the money towards educational expenses and/or for a downpayment on a house with far less penalties than in a traditional IRA). If they *are* matching (or at least contributing something) then stick with the 401k, 'cuz the contribution amounts to free money!

Oh, and, welcome to adulthood :-)

Date: 2005-11-15 06:00 pm (UTC)
From: [identity profile] pisceandreamer.livejournal.com
Most excellent! It really does add up.

Date: 2005-11-15 06:21 pm (UTC)
From: [identity profile] oceanic.livejournal.com
go you. :)

Date: 2005-11-16 03:12 pm (UTC)
From: [identity profile] bluewillowtree.livejournal.com
Most impressive!

I really ought to conquer my distaste for financial paperwork and sign up for one of those.

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