this post was submitted on 17 Nov 2025
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[–] Rooster326@programming.dev 3 points 18 hours ago* (last edited 18 hours ago) (2 children)

Does anyone 401k even let them choose what they want to invest in?

I have like 4 plans I can choose: Retire 2035, Retire 2045, Retire 2055, Retire 2065 and that's it.

No options in the portal to do anything else. I can't choose my stocks, any indexes, anything. The only other page is to change my contribution percent.

[–] sugar_in_your_tea@sh.itjust.works 2 points 12 hours ago* (last edited 12 hours ago)

Yup, I have ~15 options. Basically:

  • low cost S&P 500, US mid-cap fund, US small-cap fund, and total international funds (all under 0.10% ER)
  • 1-2 actively managed options for each of the first bullet point with much higher fees
  • 3 bond funds
  • a cash fund
  • a retirement fund (tons of bonds and cash)

I'm in a mix of the first bullet point.

401ks won't let you pick specific stocks, generally speaking, but they should have more options than just target date funds. Most will at least have an S&P 500 fund and usually an international fund.

[–] BanMe@lemmy.world 2 points 16 hours ago

I have a 403(b) because I work at a university but yes we get to pick between a ton of stock funds but also a handful of blended assets, an invested bond, and a non-invested bond if you really think shit's gonna go south. My last job did not offer this kind of thing tho.