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Financial Planning / Foolish 401(k)s


Subject:  Empolyee profit sharing Date:  11/13/2000  2:28 AM
Author:  mjh8573 Number:  9866 of 26351

My employer offers a profit sharing plan which I can contribute up to 8% of my salary. They offer an index fund which I know would be the foolish way to go, but should I put all my eggs in one basket or divide up the percentage and put some in a growth fund? Maybe 70-30? Also, I have a choice of pre or after-tax contributions. This seems like a no brainer, the pre-tax contribution should be the way to go, but under what circumstainces would after-tax contributions be advantagious?


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