only contribute enough to maximize employer contribution. 401k’s are a rip off otherwise. you’re locked in to the manager’s (prudential’s) fund offerings, locking up your cash in a black box fund and the tax consequences are totally up in the air at this point anyway; are you going to be stock poor in the future depending only on ss and 401 income? or are you going to work towards building real wealth anyway?
and that’s bullshit if you can’t discover the fund’s investment strategy. dont buy that fund, you wouldn’t give money to your brother in law’s neighbor’s mailman’s previous dog owner, would you?
