Does 401K Earn Interest?

  1. 280 POINTS
    Matthew Schiff
    President, Schiff Benefits Group, LLC,
    The answer depends on your plan at your company. Most 401K plans offer investment choices that are ETFs, Mutual Funds, self directed investments and company stock. But unless they offer you a Guaranteed Interest Account, they do not offer straight interest without risk of loss of principal. You can however put your money in one of the bond funds which might provide more security, but all investment has risk.
    Answered on September 2, 2014
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>