Today's 401(k) account investors are looking for authoritative answers and reassurance. Elizabeth Opalka, a tax attorney who monitors federal legislative and regulatory developments daily, provides both. The recent corporate accounting scandals and a stock market roller coaster ride put many of retirement plans on hold. We know now that 401(k) investing isn't foolproof. Congress enacted the most important investor protection law since the 1930s, yet there are limits to what the new law can do to protect 401(k) accounts. This book emphasizes the benefits of 401(k) accounts while paying special attention to risk tolerance, diversification, and the factors that 401(k) plan participants should consider in allocating their retirement savings across their investment options. It also includes information about how 401(k) accounts may fare in the hands of tax collectors, divorce lawyers, and heirs and explains the steps to take now to minimize the damage in each of these scenarios.

Book Info
Text introduces general concepts related to managing a 401(k) account. Pays special attention to risk tolerance, diversification, and the factors that 401(k) plan participants should consider in allocating retirement savings across investment options. Also discusses the tax advantages of investing in employer stock. Softcover. DLC: 401(k) plans--Management.

For all skill and experience levels of money management, August 10, 2003

How To Protect And Manage Your 401(k) is a straightforward guide by Elizabeth Opalka (a CPA and experienced tax lawyer) written especially for those 401(k) account investors seeking to protecting their hard-earned funds from the volatile fluctuations of the market, employer misconduct, excessive fees, and other financial hazards and missteps. A practical and "user friendly" guide written for men and women at all skill and experience levels of money management and retirement financial planning, How To Protect And Manage Your 401(k) is emphatically recommended for novice investors and has a great deal of value to offer even the more experienced 401(k) holders.