Considerations Before Maxing Out Your 401
You probably already know that contributing to your 401(k) plan will improve your retirement finances. But shoveling as much money as possible into a 401(k) account shouldn't always be your top priority. There are some circumstances when it makes sense to pay down debt and build up some savings outside of your 401(k) before . Here's what you should think about before increasing your 401(k) contributions. Taking advantage of employer 401(k) contributions is the fastest way to build a nest egg for retirement. The amount you need to save to ...
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