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Subject:  Re: Is a new 401k Foolish? Date:  4/24/1998  10:54 AM
Author:  TchrP Number:  3008 of 81359

>> Perhaps I'm not Foolish enough yet but I can find no flaw in participating. Pre-Tax contributions that are doubled by the employer sound pretty good.
You have the idea. It is definitely Foolish to contribute to a 401(k) when your employer matches 100% of your contributions, even if the investment options in the 401(k) plan aren't the ones you would choose for yourself.

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