So, both of my employees finally started contributing to their 401k
with fixed employer contribution
. I am glad for them. However, they seem to have parked money into money market account. Not sure if they are planning to invest later (we have low-cost vanguard admiral funds, max expense ratio 0.2%).
I want to ask them about their goals informally and the last thing I want to do is to advise them on it. But, I wonder if there is a short course or a video tutorial out there for them to get basic information. The 401k provider sent a booklet with excellent information; I doubt they read :cry: . WCI online course might be too much as they have very small amount accumulated.



I want to ask them about their goals informally and the last thing I want to do is to advise them on it. But, I wonder if there is a short course or a video tutorial out there for them to get basic information. The 401k provider sent a booklet with excellent information; I doubt they read :cry: . WCI online course might be too much as they have very small amount accumulated.
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