so i am switching to a new job and am setting up a 401k with them. I automatically get enrolled into a 3% before tax amount, which i can raise up to 6%. after 90 days of working, I qualify for a 3% employer match. after each year, they would automatically raise my contribution 1% (if i havent made any manual changes). i am thinking about raising mine to 4% from the get go. I am in my young/mid 20's .
question really revolves around, i have to tell them how to invest my cash, and what percentage of it i want in each. I can pick from:
stable value fund, bond funds, large cap funds, small/mid cap funds, international funds, target date funds, and real estate funds (with a set % from 0-100%
question really revolves around, i have to tell them how to invest my cash, and what percentage of it i want in each. I can pick from:
stable value fund, bond funds, large cap funds, small/mid cap funds, international funds, target date funds, and real estate funds (with a set % from 0-100%