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by rrauch77
Wed Dec 26, 2012 2:13 pm
Forum: Personal Investments
Topic: Review of my employer provided 401 & 457 plan
Replies: 2
Views: 867

Review of my employer provided 401 & 457 plan

I am very new to investing and I would love to get some advice on the funds that I am currently contributing to. A little back ground- I'm 35y and I work in public safety. The first 10 years of my career I was provided a defined pension which I froze before I left. I switched departments last year and my new employer provides a 401a and 457b style retirement plan. They contribute 12% to the 401 and match up to 5% in the 457. I contribute an additional 15% into the 457. The plan is managed by MassMutual Retire Smart and I am restricted to contributing to the funds they provide. I've tried to select funds based on the following philosophy -Growth, Growth and Income, International, and aggresive growth funds. Total income from this job is arou...