Archive for June 2010
How much should I contribute to my 401(k) if I will be leaving the company in a year?
Valerie Rose asked:
I just recently became 20% vested in my company, and they opened up a profit sharing account for me with a 401(k) option. I will be leaving in the summer of 2008 because I will be going to Graduate school, but by then I will be 40% vested. I am wondering how much I should contribute, if any, to this plan even though I am leaving. I am also wondering if I should invest aggressively, moderately, or conservatively. I know that the yonger you are the more aggressive you should invest, but I am unsure now since I am leaving in a year.
I just recently became 20% vested in my company, and they opened up a profit sharing account for me with a 401(k) option. I will be leaving in the summer of 2008 because I will be going to Graduate school, but by then I will be 40% vested. I am wondering how much I should contribute, if any, to this plan even though I am leaving. I am also wondering if I should invest aggressively, moderately, or conservatively. I know that the yonger you are the more aggressive you should invest, but I am unsure now since I am leaving in a year.

