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Greetings, FasterFool, and welcome.

<<Ok - I need a tie breaker!!! This is pretty important since it defines when I'll need to start venturing outside my 401 K. I just started a new job a year ago and I'm getting ready to start contributing to 401 K. I'm gonna max my contributions which with my employer contribution will put me over $10K.

BTW - if you are contributing too much, who tells you? Does your employer state that your contributing too much and need to cut down on the percentage?

Finally, in my attempt to be completely foolish, I will max out my contribution percentage to my 401K plan. The only mutual fund choice I have that even comes close to the Vanguard Index Fund is the Vanguard Growth and Income Fund. It seems to have actually done better than Vanguard Index over the past 10 years. Anyone know much about this fund? >>

Rest easy. You may contribute up to a maximum of 25% of your pay or $10K to your 401k, whichever amount is the lesser. You - not the employer - are responsible for ensuring you do not exceed that amount. Nevertheless, most employers keep track of this and will inform you if you exceed the limit. As to the Vanguard Growth and Income fund, you can check out its record with your benefits administrator or at Morningstar's website ( or at Vanguard's website (

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