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Reply to "401s are they just a big scam? Is it a new reitrement thing that hasn't stood the test of time?"
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[quote=Anonymous]401k's are self directed. You can choose to put very little in, or the max. You generally choose where you want it invested. My 401k provider sends regular updates on what the balance is, what the returns are, and how much income that will generate upon retirement. The outcomes shouldn't be that surprising to anyone.[/quote]
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