If you're worried about your 401(k), but don't know what to do about it, stop procrastinating and start learning.
One easy place to get information about funds is your 401(k) plan sponsor, typically a mutual fund company or investment manager. Check with your company for a contact.
Many plan sponsors not only have great educational materials and information about specific funds, but some will put on a financial workshop for employees if you ask, says Jim Summers, a financial consultant with A.G. Edwards in San Juan Capistrano, Calif.
It never hurts to talk to a certified financial planner or other expert about your 401(k) selections. For most people, an annual review of those investments is sufficient.
There are some good Web sites that will help you learn more about your funds and what's in them. Be sure to take a little time to read through definitions and explanations about charts that are used.
Morningstar at www. morningstar.com is the best site for getting specific information on your fund. You don't have to be a subscriber to access the basic research.
Mutual Fund Education Alliance at www.mfea.com is an educational site for investors. It provides articles and tips on mutual funds.
Bloomberg News at www.bloombergnews.com contains a database of more than 12,000 mutual funds. It offers statistical information, charts and stories.