Birla Sun Life Mutual Fund (BSLMF) one of the leading Mutual Fund houses in India, is celebrating completion of 15 years of wealth creation. Since its inception, the fund house has offered funds to its investors that have created wealth for them consistently and has registered impressive growth in terms of business (asset under management).

401k plans have become very popular with employers. These plans are being used in place of pension plans to offer a retirement option for employees. Since the plans are handled by third party investment firms, they are safer for employees because the fund doesn’t disappear if the employer goes bankrupt. As long as the employee doesn’t invest his entire 401k fund into company stock, his 401k will continue to grow even if the company goes under. Here are the basics of a 401k account.