this post was submitted on 17 Nov 2025
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[–] jellygoose@lemmy.ca 14 points 1 day ago (5 children)

I hope your 401K is diversified because this will bring down a lot with its fall.

[–] Rooster326@programming.dev 3 points 1 day ago* (last edited 1 day ago) (2 children)

Does anyone 401k even let them choose what they want to invest in?

I have like 4 plans I can choose: Retire 2035, Retire 2045, Retire 2055, Retire 2065 and that's it.

No options in the portal to do anything else. I can't choose my stocks, any indexes, anything. The only other page is to change my contribution percent.

[–] sugar_in_your_tea@sh.itjust.works 2 points 22 hours ago* (last edited 22 hours ago)

Yup, I have ~15 options. Basically:

  • low cost S&P 500, US mid-cap fund, US small-cap fund, and total international funds (all under 0.10% ER)
  • 1-2 actively managed options for each of the first bullet point with much higher fees
  • 3 bond funds
  • a cash fund
  • a retirement fund (tons of bonds and cash)

I'm in a mix of the first bullet point.

401ks won't let you pick specific stocks, generally speaking, but they should have more options than just target date funds. Most will at least have an S&P 500 fund and usually an international fund.

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