At this moment it’s bad to be in stocks: it’s a bad deal to sell the stock to buy something else, because they are relatively cheap. The flip side is that it’s a good deal to accumulate stock because it’s relatively cheap.
So the employer contribution should go to the index fund. Keep several months of expenses in cash or money market in case you end up unemployed during a crash.
Stocks
Bonds
Money market
Ordered from most to least volatile.
At this moment it’s bad to be in stocks: it’s a bad deal to sell the stock to buy something else, because they are relatively cheap. The flip side is that it’s a good deal to accumulate stock because it’s relatively cheap.
So the employer contribution should go to the index fund. Keep several months of expenses in cash or money market in case you end up unemployed during a crash.