If my company goes belly up, do my 401(k) assets go with it?
The money you contribute belongs to you, not to your employer or your employer's creditors. But if your 401(k) is in company stock, pull those funds out now and diversify them across some solid index funds (a dollop of the S&P 500 here, a sprinkle of global funds and a smidgen of commodities there), to keep your chances of retiring comfortably separate from your workplace's financial health. If you work for a company on its way up, go for stock option rewards or bonuses instead, or hold onto 1 percent or 2 percent in company stock. Just remember, if the big man goes under and you get a pink slip, roll over your 401(k) to an IRA or your next employer's plan, pronto.
It's a turn-on when my girlfriend goes commando. If I go sans boxers, will it rev her up?