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RSS FeedsJulie Jason`s `Your Money`: Common 401(k) mistakes - and how to avoid them
(WorldNews Business)

 
 

1 december 2019 02:55:18

 
Julie Jason`s `Your Money`: Common 401(k) mistakes - and how to avoid them
(WorldNews Business)
 


BECAUSE THE 401(k) is a powerful retirement investment tool, you need to put it on track early in your career and be sure that it does not derail. Letīs talk about some common mistakes I have seen people make, so you can avoid them. Mistake No. 1: Not getting your full share of the match, or not knowing how to maximize your planīs match. Say your 401(k) has an employer match, but you are not getting a dime. Or, say your 401(k) is set up to match your contribution dollar for dollar up to 6% of compensation, but you are only contributing enough to trigger a 1% match. If your plan has a...


 
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