401 (k) Plans: Assets Ho!

摘要

Don't look now, but you've probably got some serious cash in your company 401(k) retirement plan. The average account held more than $30,000 at the end of 1994, and that was before this year's fab financial markets swelled portfolios 15 percent or better. All that money means you have to manage it. Companies are complicating matters by offering more investment choices and daily trading at the touch of an 800 number. You say you never wanted to be a pension manager? Not to worry! Here are the best strategies for making the most of your 401(k).