401k Savings Plan through Work

[Doug Phillips]

Hi everyone,

Starting in May I'll be able to contribute to my day job's 401k; up to 3% will be fully matched and then 50 cents for the next 2% (I plan to fully max out).  I will become fully vested I believe too.  I don't really have any specific questions persay but if anyone has any tips or pointers, this will be the first time contributing to a 401k so I'm open to anything!

[Steve Vaughan]

Even if not in RE, contribute up to the 401 match only (5%), then do Roths.  Tax free in 30 years could save you tens of thousands. 

Plus Roths are much more flexible as far as withdrawals and have 10000 investing options vs 10.  Good luck and good question!