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Hi, I am starting a new job and my company is offering a 401(k) program with no matching funds through putnam investments. They only offer highly non-foolish mutual funds.

My question is, should i bother with this 401(k) set up? I mean, there aren't any matching contributions and i won't be able to buy index funds. But it would be good tax-wise (ira's have that $2k cap). But maybe that alone doesn't justify underperforming the market.

Any thoughts? suggestions?

In a financial quandry,
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