Which is a better investment , a FRS( Florida Retirement system) or a 401k ?

1 ⤊

F.R.S@3%. verses 401K?.

2007-08-17 16:01:01 · 2 answers · asked by Brian 2 in Business & Finance ➔ Personal Finance

99.99% of the time the 401K will be the better option.

I get 5% on my savings, why take 3% in the FRS? (4.5% after taxes)

2007-08-18 09:47:28 · answer #1 · answered by PersonalFreedom 4 · 1⤊ 0⤋

I've made over 10% every year in my 401k plan, plus your company may match part of your contributions (25-100%) -that's free money

2007-08-19 07:48:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋