Thursday, July 28, 2011

I lost my Company 401K Match. Need advise.? | Roth Ira

July 27, 2011 ? Advisor ?

My company matched up to 4% of my salary. Due to the economy they stopped doing it. I make $113,000 a year. I am contributing 8% of my salary.
My wife and I make way too much to contribute to a Roth IRA. We our debt free except for our Mortgage.
What should I do?
1. Stop investing in the 401K and open up a mutual fund (which gives me the option to invest in whatever I chose)?
2. Increase my contributions to make up for the company loss?

Thanks

Source: http://rothira.soolutions.com/roth-ira/i-lost-my-company-401k-match-need-advise/

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