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2006-09-07 07:41:17 · 7 answers · asked by Anonymous in Entertainment & Music Polls & Surveys

Tks for the answers thus far. But what is 401K??

2006-09-07 07:51:51 · update #1

7 answers

I'm 23 and yes I do. I have a 401K with my company, I've been here just over 4 years. They match 50%.

2006-09-07 08:43:50 · answer #1 · answered by just me being me 4 · 0 0

yes, unfortunately with the way the economy has been the past 2 years, we had to live on the liquid assets.

SO now, we don't have much but a 401k and rental property.

2006-09-07 14:43:49 · answer #2 · answered by pknutson_sws 5 · 0 0

If you don't contribute to a 401K that your company will match, you're throwing money away. Yes, I do save.

2006-09-07 14:48:59 · answer #3 · answered by L3-knightw1zard 4 · 0 0

I f you do it right, uncle sammie will be your assisting partner---now with lowering your net tax bite, and later on as well---do the max to you 401k,or 457k--or sep, or whatever plan is available to you------it's sooooo nice to be retired and not to be in need of"want".

2006-09-07 14:46:35 · answer #4 · answered by LONG-JOHN 7 · 0 0

i think it depends on the age that you can start thinking about this issue people in their 40's and above do and people younger than this dont

2006-09-07 14:44:32 · answer #5 · answered by messiry86 2 · 0 0

nope!! I AM ONLY 19!! ♥

2006-09-07 14:43:11 · answer #6 · answered by *Princess* 3 · 0 0

YES!

2006-09-07 14:49:34 · answer #7 · answered by Bowllynn 7 · 0 0

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