acevz

I am a management employee with Verizon, 46 years old with approximately $26,000 currently vested in my company's 401k plan. I make approximately $85,000 per year and don't have a mortgage anymore. I am currently investing 6% on a pretax basis.I need some advice on two things:

1) What percentage should I be contributing to my 401k plan in the current environment?

2) How should I allocate my contributions?

here are some of my plans details. Thank you for any advice.

* You may contribute between 1% and 25% of your eligible pay each pay period.

*Your contributions may be made on a before-tax, after-tax or Roth 401(k) basis (or in any
combination of those types of contributions).

*If you are an eligible management employee, you have the opportunity to receive company
matching contributions of up to $1.50 for every $1 you contribute up to 6% of eligible pay (a
maximum of 9% of eligible pay in company matching contributions).
⎯ The company will contribute $1 for each $1 you contribute up to 6% of eligible pay each pay
period.
⎯ The company may contribute an additional discretionary performance-related match of up to
$0.50 for every $1 you contribute up to 6% of eligible pay.

*For both management and non-management participants, 50% of the company matching
contributions, including the performance-related match, are made in cash and allocated to your
account according to investment choices you have made for your regular contributions. The other
50% of company contributions are made in Verizon common stock that is invested in the Verizon
Company Stock Fund or the Verizon Stock Portfolio.

My options:

Target Date Funds Asset Class Investment Options
• Retirement Income & Investment Fund
• Verizon 2010 Fund
• Verizon 2015 Fund
• Verizon 2020 Fund
• Verizon 2025 Fund
• Verizon 2030 Fund
• Verizon 2035 Fund
• Verizon 2040 Fund
• Verizon 2045 Fund
• Verizon 2050 Fund
• Institutional Money Market Portfolio
• Conservative Fixed Income Fund
• PIMCO Real Return Bond Fund – Class I (Inflation-Protected Bond+)
• Global Bond Fund
• Pyramis REIT Commingled Pool
• U.S. Large Company Fund
• U.S. Large Company Index Fund
• U.S. Small Company Fund
• International Company Fund
• International Company Index Fund
• Private Global Real Estate Fund
• Emerging Markets Fund
• Global Opportunity Fund
• Verizon Company Stock Fund

I am currently investing 65% in VZ company stock, 10% International Co Fund & 25% in US Small Co Fund. As I said I am not a investor and appreciate any help in how to best invest in my 401k plan.