Does your company offer diversified options for employees’ 401(k)s? Even after the bubble burst several years ago and many people were burned, many companies haven’t created possibilities for diversification in retirement plans. In many cases where the companies do offer a wide variety of funds, employees have not chosen to configure their accounts to allow for diversification.
If your company doesn’t offer options for programmed diversification, you can use these steps suggested by MSN Money:
* Use the best of what you’ve got.
* Ask for better choices.
* Fund an IRA.
Updated March 5, 2014 and originally published March 7, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.