The distinction between the share classes within a 401 K is the amount of money that an investor is charged. R-2 is 1.37 percent, R-3 is .98 percent, R-4 is .68 percent.
In order to get information about 401ks you must contact a specialist who knows a lot about the topic and can explain it or go onto your computer and do some research.
Every bank allows you to do an early withdrawal of 401ks. However, this should only be done in emergencies, because it will cost you a lot of money in the long term.
ABC Evening News - 1953 Cyber criminals target 401ks was released on: USA: 20 March 2007
IRA's and 401ks can be complicated if you do not fully understand them. If you wish to gain knowledge about these items make an appointment to sit with a financial adviser that can explain in detail what you are looking for and the differences in offerings.
A benefit of 401ks are the ability to save money for retirement. A drawback is the funds are not available for your immediate use.
401k's can be seized for child support. For college payments or attorney's fees, not likely.
Sole proprietors can apply for loans at the bank to start a business. They can also use their savings and 401Ks to finance their business.
There is no limit as to how many 401ks one is entitled to. However, if you participate in one through your current employer, you will most likely only be eligible for one plan.
The symbol you are speaking of is also their logo. Prudential core plus bond pimco fund also does 401ks too.
When dealing with 401ks each employer is different. Some employers will match as little as 10% to your contribution or go as high as 100% depending on there discretion.
Most Hospitals compare their 401k to the employee's, also, most supermarket's (walmart, winn-dixie, and publix also match the 401k. If you go to www.employeefiduciary.com, this site will compare 401k plans between companies to see how others have their plans set up.
There are many options for retirement. The most popular form of retirement savings is through employer 401ks. Roth IRA's are also a great option for retirement savings.