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Hi everyone, I'm fairly new to the Fool. I've been reading and learning like crazy for 3 months or so.
I'm now in charge of our finances, and here's my problem.

My husband set up a 401K (I thought) through his work. I was fine (very happy!) with that.
It turns out that it's a keogh profit sharing plan.
What in tarnation is this exactly???

What is the maximum he can contribute to it yearly?

What's the best time schedule to contribute?

I asked for all the paperwork regarding this fund, and found he had gotten into a Vanguard BOND market index fund. Does anyone else out there have this, and what's the attraction if you do? I want to switch it asap to a Vanguard STOCK market index fund, like the ones I've read such glowing emails about.

Please, if you can give me some input of any kind it would be GREATLY appreciated!

A newly out of debt Fool(Happy dance!!), but now for the next challenge - planning for retirement down the road!

Thanks in advance for any help anyone can give...

P.S., the total in this fund dropped by 27.64 for the past year. That makes for a crabby investor...
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