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Subject:  Re: Is a new 401k Foolish? Date:  4/24/1998  9:18 PM
Author:  bacon Number:  3018 of 78166

<As I retire from the military at 38, I will begin my new life with an excellent private company in July. One "benefit" offered is the 401k, with full employer matching contributions up to the annual max.

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.

Should I skip the 401K and add the contributions to the Foolish 4 or keep it on the side? The second seems better to me.>

Run the numbers. A 100% return on your money is tough to beat, and that's what you get from your employer with his match up to the level at which he's willing to match (I suggest your revi