With a Fidelity 401k plan, you can chose the amount you put aside to invest and create an investment plan. Fidelity offers guidance on how to set goals, manage your investments, and consolidate your retirement savings.
Fidelty 401k is not the only one out there. Your local bank would be happy to set up a 401k for you, as well as the investment companies such as Charles Schwab and Scott Trade.
A person will invest in a 401K in order to save for retirement. The social security that is available during retirement is often not enough for a person to live comfortably.
Per the FDIC website: http://www.fdic.gov/consumers/consumer/information/fdiciorn.html
What Is Not Insured? Increasingly, institutions are also offering consumers a broad array of investment...
Having a Fidelity 401k helps you to be better prepared for retirement. It allows you and probably forces you to put away money on a regular basis so that you have a "nest egg" set up for when you...
Disadvantages of a Fidelity 401K include poor customer service (even if you invest a large amount of money), issues with transferring accounts incorrectly from other institutions, and long delays to...