I have a unique situation that I haven't noticed beingtalked about. I am a computer consultant, and beingsuch, I frequently change employers (I have so farworked through agencies that find the jobs and thenpay me on an hourly W-2 basis). I am about to start a newassignment, and the agency I will be with is offering a401K. Should I sign up for it and take out the max, eventhough there is no match?My thoughts are that I take out the max and put it intoone of the fixed income accounts. Then, when I leave thisagency in 4-6 months (or possibly longer), I do a directtransfer to my brokerage account to follow the FF strategy.I would take the max to reduce my taxable income, and Iwould go with a fixed account to ensure that I would retainall of the principal for this short-term investment. The401K sponsor does have a S&P 500 index account, but I wouldbe afraid that I may lose some of the principal before taking it out.Any thoughts?
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