*Ostroff, Fair and Company>>>Personal Finance

Not a question, but answer to question regarding 801(k).?

I missed the original question regarding the 801(k) - what is it? An 801(k) is an ETF, or Exchange-Traded Fund. Very profitable.

Yes, the financial "gurus" that want you to buy their newsletters do put out a lot of hype, but they can also provide some invaluable information. Like what's an 801(k). And no, I don't write a financial newsletter.

There is no such thing as an "801(k) plan", it's a marketing gimmick dreamed up by a fellow called Tom Dyson who is trying to sell a newsletter.

Thank you that is good to know.
Next time use the search box at the top of the Yahoo Answers page. This is actually a violation of Yahoo Community Guidelines. I am not in the mood to report you. The link below is the search results for 801(k).
http://answers.yahoo.com/search/search_r...

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