Benefits Guy counsels after a steep stock drop and a disappointing tax bill

June 2008
Employee Benefit News;Jun2008, Vol. 22 Issue 7, p10
The article offers advice regarding employee benefits. An employee narrated that in 2008, he started contributing to the 401(k) plan at work, which has a 50% employer match, and stated that his investment strategy has led to a negative return of 20%. Another employee talked about taxes which took almost half of his bonus. The author, however, pointed out that there can be a big difference between withholdings and actual tax liability.


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