5 Strategies You Need for Your 401(k)
Your 401(k) can be your ticket to a nice retirement, assuming you play your cards right. Your workplace-sponsored retirement plan streamlines long-term wealth creation, by way of automatic, tax-deductible contributions that get invested according to your preferences.
If you did nothing but accept your 401(k)'s default contribution rate and investment choices, you would see your account balance grow over time. But there are easy ways to expedite that growth and give you the best shot at reaching your retirement savings goals. Here are five of them.
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Source Fool.com
