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To: sandbag who wrote (7273)2/9/1999 9:22:00 PM
From: The Ox  Read Replies (2) | Respond to of 14427
 
If it is true that your company only offers you those 5 choices in your 401K then you should talk to whomever is responsible immediately. If they have such a limited choice, I believe there is a good chance your company maybe unintentionally setting themselves up for potential lawsuits from their employees. I can't believe that there are no options such as money market or fixed return rate. Many of the fixed rate of return investments in 401Ks require that you maintain the money in the account on a quarter to quarter basis. But at the beginning of any quarter the money can be moved into a new option.

I am interested to find out if you have more options then you believe at this time.

Michael