UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: kayjackson Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75859  
Subject: new job/new retirement plan Date: 8/15/1999 3:05 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Am moving to a new employer. She offers an employer paid 10% of my salary in a SEP through Merrill Lynch. I have the opportunity to add an additional 5% of my salary to it (which I plan to do). The employer paid portion is deposited quarterly. If there is the opportunity to self-direct to stocks, would I allow quarterly payments to build in a cash account before distributing the entire year's amount across the Foolish Four once yearly (Dec or Jan)? Or should I establish four different portfolios that need to be revised at four different times each year. I lean toward letting it build up to avoid what I'm afraid would be huge commissions at Lynch.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

Mobileye's Growth too Hot?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement