Why shouldn't I be concerned in a down market?
When the market is down you are increasing your buying power. Because you are Dollar Cost Averaging (putting a set amount of money into the plan at regular intervals), you actually buy more shares when the market is down.
It is as simple as "Don't put all of your eggs in one basket." When considering your fund selections in your retirement plan, consider the investments you have outside the plan as well as investments a spouse may have in a retirement plan. Include savings, CD's, and personal stocks, bonds and mutual fund investments.
Can I contribute money from the retirement plan of a former employer?
Probably. This is called a rollover or direct asset transfer. If you have questions on the procedure or if you are not sure if the Plan is qualified, contact us.
