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Employer is dropping their 401k match in exchange for free 5% contributions into a cash balance account tracking the 10Y treasury yield. Should I (24) change my investment strategy?
Employer is dropping their 401k match in exchange for free 5% contributions into a cash balance account tracking the 10Y treasury yield. Should I (24) change my investment strategy? As the title mentioned, I'm losing my 401k match in exchange for an account that historically has lost significantly to the S&P. There are pretty much no benefits to me since I already hit the 401k match (formerly 5% at 1:1 plus 1% free) so this is definitely an overall loss. This match, as well as my maxed out HSA and Roth IRA, currently goes f...
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