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November 15th, 2005


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11:49 am
So part of this paycheck (%3) just made my first contribution to my 401k.
I feel so growed up.
mood: calmcalm

(8 bits of drivel | babble incoherently)

Comments:


[User Picture]
From:justamy
Date:November 15th, 2005 04:51 pm (UTC)
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yay! they add up!
[User Picture]
From:inahandbasket
Date:November 15th, 2005 04:52 pm (UTC)
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so I hear.
(Deleted comment)
[User Picture]
From:inahandbasket
Date:November 15th, 2005 04:57 pm (UTC)
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I don't think they are, sadly. I need to doublecheck that though.
[User Picture]
From:wisdom_seeker
Date:November 20th, 2005 07:51 pm (UTC)
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If they aren't, then you might do better to set up an IRA through a bank or financial planner to get higher yields, and have greater flexibility with the money (with a Roth IRA, you can use the money towards educational expenses and/or for a downpayment on a house with far less penalties than in a traditional IRA). If they *are* matching (or at least contributing something) then stick with the 401k, 'cuz the contribution amounts to free money!

Oh, and, welcome to adulthood :-)
[User Picture]
From:inahandbasket
Date:November 20th, 2005 11:18 pm (UTC)
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hah, thanks for the welcome, I think.
I still miss my orange hair...

(I have a Roth IRA setup already, my dad kicked me into that sometime in 2003.)
[User Picture]
From:pisceandreamer
Date:November 15th, 2005 06:00 pm (UTC)
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Most excellent! It really does add up.
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From:oceanic
Date:November 15th, 2005 06:21 pm (UTC)
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go you. :)
[User Picture]
From:bluewillowtree
Date:November 16th, 2005 03:12 pm (UTC)
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Most impressive!

I really ought to conquer my distaste for financial paperwork and sign up for one of those.
So part of this paycheck (%3) just made my first contribution to my… - another LJ. or: how i learned to stop worrying and love this life-thingy

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