WalletPop's Lan Nguyen chats with Mike Alfred, co-founder and CEO of BrightScope.com, an Internet-based 401(k) analytics firm, about how to make the right 401K choices.
Since its launch in January, the California company has examined and rated 4,000 plans from some of America's largest employers, including Boeing and McDonald's. As a result, Alfred recommends saving as much as you can afford in your 401(k).
Another recommendation: look at the cost of the fund when making a decision.
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