What are some investment tips for a 401K account?

I contribute 13% of my paycheck to my 401K. Is that enough if my salary continues to increase each year? I work in the IT industry.
What are some investment tips for a 401K account?
Go with the higher risk/higher reward investments offered by your employer early in your career and then go safer later in your career when you get closer to retirement.





And open a Roth IRA every year!
Reply:Look for available funds offered through your employer's 401K that say "Balanced Fund". These funds have good diversification and you can feel comfortable that your contributions will get goot 8 to 10% return over the life. Also, look at fees charged as sometimes managed mutual funds will have hefty management fees.
Reply:Yeah, that's pretty standard. Most people I know put in 5-8%. Trick is to find whatever funds/stocks/whatever that have a good long-term investment rate and just let your money sit there. Set it when you start then don't look at it again for at least six months...
Reply:Only contribute to the 401k to max out the company match, then max out with a Roth IRA. If you still have some money to put away after that, check out I Bonds.
Reply:Contribute as much as you can to it especially if your company matches a percentage of it.





ERISA laws, and your company will inform you how much that is, it depends on your income. After you reach 100k salary per year, there's a max pre-tax contribution and a max after-tax contribution.
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