Thread: IRA vs. 401K
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Old 05-14-2008, 04:25 PM   #33 (permalink)
Reba
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Quote:
Originally Posted by Liza View Post
Company match is good deal for a 401K plan, if you want to stick wih 401k plan. You make your own contribution, your company matches that amount (you get twice the money you are contributing to your 401k). Free money!
Unfortunately, my company did not invest anything. It was all my money.


Quote:
...That is very unfortunate, Reba! I don't understand. Was it simply bad management or just bad luck?
My company quit depositing my contributions, so my account become "not vested", and it became zero. The money that I had contributed was used up.
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