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Financial Planning / Foolish 401(k)s


Subject:  Re: New job/No 401K Date:  1/23/2012  11:16 PM
Author:  srvfan100 Number:  24821 of 26314

Encourage your new company to start a simple Ira. Think the limit is 11k. This is easy and cheap 4 small firms compared to 401k plans.

Problem is you Can't Contribute as much as 401. Just another way the government screws the little guy I guess.

I can't see why the limit couldn't be the same.
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