January 13, 2009

Renewable Energy in 401(k)

Would you like your company to add Renewable Energy Mutual Funds to your 401(K)?

I would. My 401K is probably so depleted by now that renewable energy funds might just be the thing to enable me to retire to Aruba. Just make sure that Madoff-type investors will be hands-off on this one.

The South Denver Chamber of Commerce is proposing to President-elect Obama to include in the upcoming economic stimulus package a federal tax credit ranging from $40 to $400 per employee to businesses that add a renewable energy fund to their employee 401(k) plans.

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