The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Stock in 401K||Date: 5/17/1999 8:04 PM|
|Author: jocave||Number: 10598 of 75626|
If the stock is you are talking about is stock in the company you work for, read on: -- then Fool on!
What if the money is in an employer stock "fund"? One of my 401(k) options is "xxx common stock fund", which is a "fund" holding company stock and cash. Does this qualify as company stock?
BTW- Fidelity gives a very silly explanation for why one would create such a beast. They explain that holding cash makes the investment more liquid, as if publicly traded stock is insufficiently liquid for a 401(k)!
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|