3 Reasons to Stop Funding Your 401(k) ASAP
Many workers bemoan the fact that they don't have access to a 401(k) through their jobs. And the reality is that 401(k) plans do have their benefits.
One big perk is that with a 401(k), you get a pretty generous annual contribution limit that can change from year to year. Right now, that limit sits at $20,500 for workers under 50 and $27,000 for those 50 and over.
But while it's a great thing to keep funding a 401(k) plan if that account is serving your needs, it's another thing to continue pumping money into an account you're not happy with. Here are just a few reasons why you may want to pull the plug on 401(k) contributions -- and save your money elsewhere.
Source Fool.com
