Investing at work
This Is How We Do It … [Invest That Is]
Here we will walk you through how to start investing at work.
“Successful investing is about managing risk, not avoiding it.”
— Benjamin Graham
401(k) plans are offered by most large private sector employers. Similar offerings by non-profit and public education organizations include “403(b)” plans, and “457” plans for government employees. Since all three of these are very similar we will lump them together and refer to them collectively going forward as your “401(k)” plan (since it is the most frequently used). If your employer doesn’t offer a retirement savings plan then fast-forward to “Investing Outside of Work” to learn how to open an IRA (individual retirement account) to begin saving for your retirement.
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