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Posts Tagged ‘investment control’

401K…or IRA….Which is better??

In Uncategorized on April 2, 2012 at 5:52 pm
401K or IRA…..?????
Ever wonder if you should be contributing to a 401K?
well………..here’s your answer….
If you work for a company that contributes to your account by matching funds it is
in your best interest to contribute as much as you can…..after all, it’s free money, right?
But……..If they are NOT matching funds you should seriously consider opening your own IRA instead.
One of the advantages of opening your own IRA is control…..you have it with an IRA …..you have NO control
with a 401K…….remember Enron???
With your own IRA, you can choose NOT to lose money…..let me say that again…..You can choose Not to lose money.
With a 401K you have very little , if any, control over the investment options and you can , and often, lose money.
Then there are the ongoing fees…..all 401K’s have them….
With an IRA, you can choose to have an account that has NO fees, only grows up….never down….and can guarantee to
be there when you retire,…..
Ask SmartMoneyInvestments how to do this today……..http://www.SmartMoneyInvestments.us
Also…our toll-free: 866-343-2442