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There is so much hype about 401K but being young (under 40) however I must ask why bother on the 401K?

In today's rules if your 401K is under xxx amount of dollars and you have left the company you have 90 days (and sometimes less) to roll it forward.

In my case, I had $3000.00 invested into my account (not including the matching) I filled out the paper work to roll it to an IRA (hounded is more like it) and then by the time they come around to cutting the check I have lost $1000.00.

Now explain to me how losing money I will not be able to recover since I was forced out of the plan makes the 401K plan SO beneficial???

Like many others, we do not stay at our companies for more than 5 years. This risk along with market fluctuations seems to loss more than it gains from money taking out of my salary pre-tax dollars.

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