4 Things You Should Know About Your 401(k)
Workplace 401(k)s are popular retirement savings accounts, and with good reason. These accounts provide generous tax breaks and make saving for your future simple. In fact, some employers even auto-enroll workers in 401(k)s, so the default in these circumstances is that retirement contributions are taken out of worker paychecks unless they opt out.
But while a 401(k) may make investing for the future easier, you still owe it to yourself to keep on top of your saving efforts and to understand how your account works. In particular, there are four big things you need to know about your 401(k).
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Source Fool.com
