Hello,
I posted this question a few days ago, but since I didn't receive any response I thought I would try again.
I
recently obtained a new job, and for the first time I will have access to a
401K plan. Unfortunately, the plan does not offer a terrific selection -
which leads me to my question: Do I contribute the maximum amount to the 401K
or do I contribute just enough to get the maximum matching funds and invest the
rest of the money in an individual account? Currently, my wife and I max out
our Roth IRAs, so the leftover funds will have to be in a taxable
account.
In
case anyone has any ideas about the 401K allocation, I listed the funds
below. We are trying to match the allocation of Vanguard's TR 2045 fund and have the funds comprising TR 2045 in our Roth and taxable accounts. We have about 30K to invest this year. The 401K funds are:
-
Blackrock Fundamental Growth (MAFGX), Global Allocation (MALOX), International Value
(MDIVX) and Value Opportunities (MDSPX)
-
Davis New York Venture (ISBAX)
-
Evergreen Core Bond (ESBAX)
-
Federated International Equity (FTITX)
-JP
Morgan Dynamic Small Cap (VSCCX)
-
Loomis Sayles Core Plus Bond Income (NERYX)
-
Oppenheimer Quest Balanced (QVGIX)
-
Van Kampen Aggressive Growth (VAGAX)
If
a similar issue has been addressed just let me know the post, and I will take a
look. Thanks in advance for all your help!
-Johnny